My house has been on the market since March and we haven’t had one offer. Why won’t our house sell?

Question by care2teachmath: My house has been on the market since March and we haven’t had one offer. Why won’t our house sell?
Our house listed on 3/7/10 and we have had a lot of traffic but no offers. My home is priced $ 30K less than what is selling in my neighborhood however is just as updated if not more. We have dropped the price 3 times. It is advertised on the area’s MLS system along with a dozen other websites and newspapers. We have had 2 Open Houses. The first, no one showed, and the second 2 people showed. I am looking for constructive responses.

Here is a link to my house’s MLS:
http://lvarmls.rapmls.com/scripts/mgrqis…

Here are links to homes for sale in my neighborhood that would be comps. These are all less than a mile from my home:

1-(A few doors down from our home) http://lvarmls.rapmls.com/scripts/mgrqis…

2-http://lvarmls.rapmls.com/scripts/mgrqis…

3-http://lvarmls.rapmls.com/scripts/mgrqis…

BTW-My home is walking distance to Historic Bethlehem, PA. On Main St. there are cute shops, pubs, and restaurants. The road is all brick and there are 2 Ivy League colleges in walking distance. Is there a way to advertise to the rich college parents? They can buy our house and have their kids friends rent it during the semester….is that common?
OOPS-Here are the links again:

My house:

http://lvarmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Lehigh&PRGNAME=MLSPropertyDetail&ARGUMENTS=-N559114031,-N229839,-N,-A,-N26293767

Comps:

http://lvarmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Lehigh&PRGNAME=MLSPropertyDetail&ARGUMENTS=-N559114031,-N237168,-N,-A,-N26293767

http://lvarmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Lehigh&PRGNAME=MLSPropertyDetail&ARGUMENTS=-N559114031,-N234662,-N,-A,-N26293767

http://lvarmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Lehigh&PRGNAME=MLSPropertyDetail&ARGUMENTS=-N559114031,-N233316,-N,-A,-N26293767

Best answer:

Answer by realtor.sailor
The links aren’t working. But in today’s market, it’s price, price and price.

realtorl.sailor

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