There are some homeowners that have been waiting for
months to get a price they hoped for when they originally listed their house
for sale. The only thing they might want to consider is... If it hasn't sold
yet, maybe it's not priced properly.
After all 13,808 houses sold yesterday, 13,808 will
sell today and 13,808 will sell tomorrow.
13,808!
That is the average number of homes that sell each
and every day in this country according to the National Association of Realtors’
(NAR) latest Existing
Home Sales Report. NAR reported that sales are at an
annual rate of 5.04 million. Divide that number by 365 (days in a year) and we
can see that, on average, over 13,800 homes sell every day.
The report from NAR also revealed that there is
currently only a 4.4 months supply of inventory available for sale, (6 months
inventory is considered ‘historically normal’).
That means less competition for buyers who are out
in the market now, but more houses will hit the market soon with spring
right around the corner.
Bottom
Line
We realize that you want to get the fair market
value for your home. However, if it hasn't sold in today's active real estate
market, perhaps you should reconsider your current asking price.
No comments:
Post a Comment