Whether you’re contemplating selling your home or just curious about the market, this blog post is here to break it down for you. We know there’s a lot to consider, but we’ve got you covered with the need-to-know facts.

Is now a good time to sell? Short answer: YES. And we’ll tell you why in two words: inventory growth. Calculated Risk data shows that there’s a 15.6% increase in homes for sale compared to this time last year. That’s good news, right? Well, let’s rewind to 2019 – a more “normal” time in the housing market. We’re still down a whopping 40% in inventory compared to then.

Okay, so what does this mean for you?

• More choices for your next move: Whether you’re looking to downsize, upsize, or just find a new space, having more homes on the market means more options for you. So, if you’ve been holding back on selling because you’re worried about finding your dream home, this could be the sign you’ve been waiting for.
• Not much competition for your listing: But hold up! Just because there are more homes doesn’t mean you’ll be fighting tooth and nail with other sellers. Remember, we’re still way behind in inventory compared to a couple of years ago. According to Realtor.com, “the inventory of homes for sale still has a long journey back to pre-pandemic levels.” So, if you work with a savvy agent to price your house right, you could have eager buyers knocking on your door in no time.

Bottom line: If you’ve been on the fence about selling, now might just be your moment. More options for your next place and not a ton of competition means it’s a great time to make your move. Ready to take the plunge? Let’s chat and make it happen.