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When you’re preparing to sell your home, one of the first questions you’re probably asking is, “How long is this going to take?” And that’s completely understandable—you want to have a clear idea of what to expect.
Every real estate market is different, but looking at national trends can give you a solid starting point. However, for a more accurate understanding of what’s happening in your specific area, it’s important to connect with a local real estate agent. They know your local market better than anyone and can explain how it compares to what’s happening nationally.
Here are some key points a great agent will cover when discussing your home sale:
More Homes on the Market Can Impact How Long It Takes To Sell
Realtor.com reports that the number of homes for sale has been rising this year. While that gives buyers more options, it also means homes are staying on the market a little longer as buyers take their time making decisions. As a seller, this is something to keep in mind as the market shifts.
One of the reasons homes sold so quickly in recent years was because there just weren’t that many available. Now that more houses are hitting the market, it makes sense that they’re not moving quite as fast. According to Realtor.com, it’s currently taking about 55 days from listing to closing for most homes.
But here’s the thing—even though homes aren’t selling as fast as they did this time last year, they’re still moving quicker than they did in pre-pandemic years. If you look back at 2017-2019, it was common for homes to take 60 days or more to sell. So, by comparison, today’s market is still moving at a good pace.
Even with more homes for sale, there’s still more demand than supply. Homes that are well-presented and priced correctly are still selling fast. As NerdWallet puts it:
“Overall, though, demand still outpaces supply. This is hardly a mellow market: Good homes sell quickly…”
Your Agent Will Help Your Home Stand Out
If you want to sell quickly, partnering with a great local agent is crucial. They’ll guide you through setting the right price, staging your home to look its best, and creating a marketing plan that gets buyers’ attention. Your agent will also provide key insights on your local market so you can plan effectively and make the process as smooth as possible.
So, while homes might be on the market a bit longer than before, they’re still selling faster than usual. With the right agent and strategy, your house might sell even quicker than you expect.
Bottom line: If you’re thinking about selling, understanding how long it might take is important for planning your next steps. Let’s connect so you can price, market, and sell your home confidently.
Coldwell Banker Realty LLC provides the information and opinions contained in this article for general informational purposes only and does not intend them to be construed as investment advice. Coldwell Banker Realty LLC does not guarantee the accuracy or completeness of the information or opinions presented. This content should not be taken as investment advice. We strongly recommend that you conduct your own research, perform due diligence, and seek professional advice before making any investment decisions. Coldwell Banker Realty LLC will not be held responsible for any loss or damage resulting from reliance on the information or opinions provided herein.
