Wondering how long it will take to sell your house? The best way to find out is by working with a local real estate agent. Their expertise will help you understand how quickly homes are selling in your area and what factors are impacting timelines for other sellers. With their guidance, you can set realistic expectations and develop a plan tailored to today’s market conditions.
The Growing Supply of Homes for Sale
Recently, the number of homes for sale has increased. This is beneficial for you as a buyer, providing more options when searching for your next home. However, it also means that buyers have more choices, and if your house doesn’t stand out, it might take longer to sell.
The inventory includes new listings (homes just put on the market) and active listings (homes already on the market but not yet sold). Data from Realtor.com shows that a significant portion of the recent inventory growth is due to active listings remaining on the market longer.
How It’s Impacting Listings Today
Think of homes on the market like fresh bread at a bakery. Everyone wants the newest and freshest loaf. But if a loaf sits too long, it becomes stale and less desirable. Similarly, new listings attract the most attention. If a home isn’t priced correctly, doesn’t show well, or lacks an effective sales or marketing strategy, it can linger on the market and lose appeal.
An Agent Will Help Your House Stand Out and Sell Quickly
You want to sell your house quickly, and a professional agent can help ensure that happens. As the National Association of Realtors (NAR) states:
“Home sellers without an agent are nearly twice as likely to say they didn’t accept an offer for at least three months; 53% of sellers who used an agent say they accepted an offer within a month of listing their home.”
An agent will take recent inventory growth into account and create a customized selling strategy for your house. They’ll provide insights into the local market, help you price your home correctly, and develop a marketing plan that attracts buyers.
To sell your house fast, partner with a local real estate agent. They understand current market trends and know how to build a strategy that sets your house up for a quick sale. Don’t let your listing get stale—reach out to a real estate agent today to keep your listing fresh and appealing from the start.
Comments