Selling Now Might Be the Perfect Time

If you’re considering a move and need to sell, now may be the perfect time. But why?

Although regionally there are differences, the latest Existing Home Sales Report from The National Association of Realtors (NAR) shows the inventory of houses for sale is still astonishingly low, sitting at just a 3.5 months supply at the current sales pace.

Traditionally, to be deemed a “neutral or balanced market,” a 6-month supply of homes is necessary and we are far below that mark and a significant ways away from what would be deemed a “buyer’s market.”

Here’s where you come in as a potential seller.

In the current market, numerous potential homebuyers are prepared to make a purchase. As buyers reconsider their living preferences, the demand for homes has surged, outpacing the available supply. This creates an opportune moment to consider selling your house.

The bottom line?

In the current sellers’ market, home values are rising. Listing your home in the upcoming weeks maximizes exposure, attracting competitive buyers vying to make a purchase.

Interested in selling your house now and securing the most amount of money in the least amount of time?

*Source: Home Sales Report from The National Association of Realtors

 

Frequently Asked Questions

Is now a good time to sell your home?

The best time to sell depends on your local market, your equity, and your goals, not just national headlines. Low inventory and steady demand generally favor sellers. Look at recent comparable sales and days on market in your area to gauge conditions.

How do I know if it is a seller's market?

In a seller's market, homes sell quickly, inventory is low, and buyers often compete with multiple offers. A local agent can show you current inventory and absorption rates to confirm where your market stands.

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