Shortage of Houses Makes This a Perfect Time to Sell Your House

With a less than 6-months supply of houses on the market to sell, buyers want to see more homes.

Let’s continue the conversation around when it’s the best time to place your home on the market. If you missed my earlier blog post, Real Estate Experts Weigh In on Current Housing Market, be sure to give it a quick read.

As a Delaware homeowner, it’s always tempting to dream about the next big project you’re going to tackle. The possibilities are endless, right? You’ve probably considered any one (or all) of these questions:

• Should I renovate?
• Should I refinance?
• Should I stay?
• Should I move?

The list goes on and on.

If you have an aging parent and you are thinking about retiring, another question you may ask is “Will this home be best for our family as our needs are changing?” Active Adults Realty understands. We wrote a blog post about this scenario, How to Retire & Relocate When You Have Aging Parents Who Depend on You.

Timing the Shift with the Housing Market

In today’s housing market, it’s actually a great time to shift your thoughts toward selling your house and moving up into the home of your dreams.

Here’s why:

Inventory is on the rise, but there’s still an overall shortage of houses for sale (less than a 6-month supply found in a more normal market), so homes are going under contract quickly. In fact, the National Association of Realtors (NAR) Realtors® Confidence Index Survey reports that right now homes are only staying on the market for an average of 27 days. That’s less than one month, an even more accelerated pace from the 36-day trend we saw last spring.

Considering selling your home now? Check out the average days on market

This same report also indicates there are more interested buyers than active sellers today, which is one of the big factors driving home prices higher.

Buyer traffic stats to determine when a good time for selling your home
Seller traffic stats for selling your home

This power combination provides an ideal environment for sellers aiming to close a quick sale and earn a big return as we wrap up the summer season.

Will you be our next seller?

There’s still time to make a move before the school year starts and the fall weather sets in. Maybe it’s time to make a change. Let’s get together to determine if selling now is the right decision for your family. You can count on Active Adults Realty to work hard for you to gain the best possible price for the home you’re selling. Let’s talk and get the ball rolling…and get buyers across your doorstep.

Source: Keeping Current Matters,