Some Highlights
- Heading into the end of the year, you might wonder if it’s still a good time to sell your house. Here’s what the latest data from the National Association of Realtors (NAR) says.
- Housing supply is lower than last year, and home prices are up nationwide. Meanwhile, the average home is selling fast and receiving several offers. Listing now puts your house in the spotlight, meaning it could sell quickly – and for more than you’d expect.
- Feeling motivated? If you’re ready to sell and capitalize on today’s market, let’s connect.
As the year comes to a close, you may be considering whether it’s still a good time to sell your house. According to the latest data from the National Association of Realtors (NAR), the current housing market continues to offer strong advantages for sellers. Here’s why now could be an ideal time to list your home.
Limited Housing Supply
The supply of available homes is still lower than it was last year, meaning competition among buyers is high. With fewer homes on the market, buyers are often eager to make offers, and in many cases, homes are selling faster than expected. The lower inventory can drive up demand, giving you the opportunity to list your property for a higher price.
Rising Home Prices
Nationally, home prices have been rising, and this trend is expected to continue. If you’ve been waiting for the right moment to sell, now could be the perfect time to capitalize on these increasing prices. Homes in desirable areas are seeing multiple offers, often above the asking price, allowing sellers to achieve a premium for their property.
Quick Sales and Multiple Offers
Homes are selling faster than ever before, with many receiving multiple offers in a short amount of time. This competitive environment works to your advantage, as buyers are often willing to pay more to secure a property. Listing now could result in your home selling quickly, often for a price higher than you might have anticipated.
Ready to Sell?
If you’ve been thinking about selling, the current market conditions are certainly in your favor. Whether you’re looking to move up, downsize, or make a change, the timing could be right to list your home. Let’s connect today to discuss your options and get your home on the market so you can take full advantage of today’s strong sellers’ market.