Conversation: Real estate questions (Listen and Read)

So, can you tell me how long this house has been on the market?

It's been listed for about three months now.

There has been some interest, but no serious offers yet.

I see.

Do you think the asking price is too high for the neighborhood?

Actually, it's pretty competitive for this area.

Prices here have been rising steadily over the past year.

That's good to know.

How old is the property?

And are there any major renovations needed?

The house is 15 years old, and it's in good shape.

The owners renovated the kitchen just last year.