Here’s Why It’s Still a Sellers’ Market [INFOGRAPHIC]

Some Highlights

• While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ market because inventory is low.
• The latest data shows sellers continue to benefit from serious buyers and competitive offers. In July, the average home received 2.8 offers and 39% sold over the asking price.
• You haven’t missed your opportunity to sell. Let’s connect to start the process today.

While buyer demand has slowed somewhat and housing supply has increased in recent months, the market remains favorable for sellers due to the continued low inventory. This means that, even though there are more homes available than before, competition among buyers is still fierce, and sellers are in a strong position to negotiate.

The latest data highlights the advantages for sellers. In July, the average home received nearly 3 offers (2.8 to be exact), indicating that there are still multiple buyers vying for homes. Additionally, a significant 39% of homes sold above the asking price, demonstrating that buyers are willing to pay more in order to secure their desired property.

What this means for you as a seller is that there’s still a window of opportunity to maximize your sale. If you’re considering putting your home on the market, now is still a great time to take advantage of the competitive offers and serious buyers. With low inventory continuing to drive demand, your home could be at the center of attention.

Let’s connect to discuss how to position your home for success in this market. Whether it’s determining the best pricing strategy or preparing your home to stand out, I’m here to guide you through the process. You haven’t missed your chance—let’s get started today to take full advantage of today’s favorable sellers’ market.