Thinking about selling your house quickly? Wondering how long it’ll take? The best move? Team up with a local real estate agent.

They know the ins and outs of the market and can give you a realistic idea of how long it might take to sell your home. Plus, they’ll help you come up with a game plan that suits the current market conditions.

One major factor an awesome agent will explain is the supply of homes for sale and how it affects your selling timeline. Let’s break it down.

More Homes on the Market

Recently, the number of homes for sale has gone up. This is great news for you because it means more options when you’re hunting for your next place. But it also means buyers have more choices, so if your home doesn’t stand out, it might take longer to sell.

The available inventory includes new listings (homes just put up for sale) and active listings (homes already on the market but not yet sold). According to data from Realtor.com, a lot of this increase is from active listings that are hanging around longer (check out the blue bars in the graph below):

The Current Market Situation

Think of the homes on the market like fresh loaves of bread in a bakery. Everyone wants the newest, hottest loaf. But if it sits out too long, it gets stale and fewer people want it.

It’s the same with houses. New listings are hot and get the most attention. But if a house isn’t priced right, doesn’t look good, or lacks a solid sales or marketing plan, it might sit on the market and become less appealing over time.

How an Agent Helps Your House Shine and Sell Fast

You want to sell quickly, right? A real estate agent can help make sure your listing is fresh and doesn’t go stale. The National Association of Realtors (NAR) says:

“Home sellers without an agent are nearly twice as likely to say they didn’t accept an offer for at least three months; 53% of sellers who used an agent say they accepted an offer within a month of listing their home.”

Your agent will consider the recent increase in inventory and create a custom strategy to sell your house. Since the supply of homes can vary by area, they’ll offer insights into your local market, help you price your home correctly, and develop a marketing plan to get your home noticed.

Don’t let your listing go stale—connect with a real estate agent today to make sure your home is fresh and appealing to buyers from day one. It can make a huge difference.

Bottom Line

Want to sell your house fast? Work with a pro. Let’s connect so you have someone who understands the current market trends and knows how to craft a strategy to sell your home quickly.