Want Top Dollar for Your House? Now’s the Time To List It.

 

When you’re selling any item, you usually want to sell it for the greatest profit possible. That happens when there’s a strong demand and a limited supply for that item. Here’s why now’s the time to list.

Demand Is Very Strong This Winter
A recent article in Inman News explains, “Spring, the hottest time of year for homebuyers and sellers, has started early, according to economists. . . . ‘Home shopping season appears to already be in full swing!’” And they aren’t the only ones saying buyers are already out in full force. That claim is backed up with data released last week by ShowingTime. The latest index reveals this December was the most active December in five years.

Housing Supply Is Extremely Low
Each month, realtor.com releases data on the number of active residential real estate listings. Their most recent report reveals the latest monthly number is the lowest we’ve seen in any January since 2017.

Even Though Supply Is at a Historic Low, Home Sales Are at a 15-Year High
According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), existing home sales totaled 6.12 million in 2021 – the highest annual level since 2006. This means the market is hot and homeowners are in a great place to sell now while sales are so strong.

The ratio of buyers to sellers favors homeowners right now to a greater degree than at any other time in history. Buyer demand is high, and supply is low. That gives sellers like you an incredible opportunity. If you agree the best time to sell anything is when demand is high and supply is low, DM me to begin discussing the process of listing your house today.


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