Friday, October 25, 2024 / by Dick Keenan
How Long Will It Take To Sell Your Home?
As you gear up to sell your home, one of your first questions is likely, “How long will this process take?” Understanding what to expect can be helpful as you plan.
While every local market varies, looking at national trends gives a general sense of the timeline. However, for a more precise understanding of your area, consulting a local real estate agent is ideal—they’re in tune with local conditions and how they measure up to national averages.
Why Homes Are Taking Longer to Sell
According to Realtor.com, the number of homes on the market has been rising this year, giving buyers more choices. With a larger inventory, homes are spending a bit more time on the market since buyers now have more options. Currently, the average time from listing to sale is about 55 days.
However, while homes may be on the market a bit longer than last year, they’re still selling faster than in pre-pandemic years. For example, between 2017 and 2019, a typical sale took 60 days or more. The market is still moving relatively quickly today, as demand continues to outpace supply, especially for well-presented and competitively priced homes.
Your Agent Will Help Your Home Shine
To sell as quickly as possible, a great agent is essential. They’ll assist with everything from setting an attractive price to staging and marketing your home effectively. Plus, they’ll provide insights specific to your local area so you can take a strategic approach that makes the process smoother and potentially faster.
Bottom Line
Understanding how long it might take to sell your home helps you plan your next steps. Let’s connect to develop a pricing, marketing, and selling strategy that works for you.