The number of homes for sale is a major factor in today's housing market. If you're considering selling your house, the current limited supply is a huge advantage. With fewer options, your house has a better chance of standing out, especially if it's priced competitively.
However, the tide is turning. According to Realtor.com data, new listings are on the rise. This means more homeowners are putting their houses on the market, increasing competition.
What This Means for Sellers
If you've been holding off on selling, now might be the perfect time to revisit the idea – before your neighbors do. While a housing surplus isn't imminent, each new listing in your area could divert buyer attention from yours.
Imagine your neighbor listing their house – you'd suddenly have direct competition. You want buyers to be wowed by your house, not someone else's.
How a Great Agent Can Help
A skilled real estate agent can ensure your house shines. They'll help you prepare it for listing, highlight features appealing to today's buyers, and set the right price to attract serious offers.
The Opportunity for Sellers
If you're ready to sell now, you have a unique chance. The rising inventory means more options for your own next move, but you can still benefit from the current seller's market.
The Bottom Line
While inventory remains low, don't wait for more competition to emerge in your neighborhood. Let's connect to discuss the benefits of selling before the market gets flooded with new listings.
