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What Does MORE Listings Mean When You Sell YOUR House?

Dated: April 30 2024

Views: 134

The number of homes for sale is playing a big role in today's housing market. If you are considering whether or not to list your house, today's limited supply is one of the biggest advantages you have right now. That is because your house stands out more when the inventory is low, especially if it is priced right. 

"sellers turned out in higher numbers this March as newly listed homes were 15.5% above last year's level. This maked the fifth month of increasing listing activity after a 17-month streak of decline."

What This Means For You

If you haev been putting off selling your house, maybe it is time to start thinking about it again - before your neighbors do. While we are not going to suddenly have a surplus of homes for sale, each house that pops on the market in your area runs the risk of pulling buyer attention away from us. 

For example, if your neighbor gets in on the action and lists their house too, it means you will have competition right next door. You do not want buyers to tour your house and fall in love with someone else's. You want yours to be in the spotlight. 

A great agent can make that happen. They will help you get your house ready to list, draw attention to everything today's buyers are looking for, and help you price it right. That way buyers are really drawn to your listing and eager to make it their home. 

If you are ready and able to sell now, here is your chance to get the best of both worlds. Since the supply of homes for sale is growing, you will have more options for your own move. Buy you will also be able to sell while your house will still stand out. 

Bottom Line

Even though inventory is still low, you do not want to wait for more competition to pop up in your neighborhood. Let's connect to go over the perks of selling before more homes come to the market. 

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Katlyn Soli

Katlyn Soli is a full time realtor specializing in residential real estate and helping buyers and sellers in the Grand Forks, North Dakota area. Katlyn is committed to providing her clients with excel....

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