Numbers game

Here we sit. Our house has been on the market over 75 days and we haven't have an offer since the 40th day. We finally had a showing though. Yeah. I would be more hopeful if they had at least taken a booklet on the house. This one wasn't a sale.
I have read reports that there are 7.69 houses in Minnesota on the market for every one buyer. That means there are at minimum six other houses we are in constant competition with. I did a search today for houses ranging from $225 - $275,ooo. There where 22 houses in my town that came up. Six of them potential short sale, four of them new construction, one a town home and one foreclosed. That means there are 10 existing houses that someone could purchase without having to be in a bidding competition or waiting on a bank or build. Of the 10 houses I recognized some of them from being on the market this summer along with us.
It's a killer to wait and wait and wait. I had heard the average house in my town is on the market for 132 days when we listed, and in Sept. heard the average time was 140 days. If that's the case we listed on July19th leaving us with an expected sale by the end of Nov. Let's see if the number game works itself out. I have also played the numbers against the absorption rate of 7 months, suggesting we sell by the end of February. Time will tell, more will be revealed.