Trying to decide if it’s a good time to sell your house or if it’s better to wait? Today may be the sweet spot you’ve been looking for.
In January of 2022, nationwide we had 1.6 months of supply of houses. Each month that number has risen until the July number was recorded at 3.3 months supply.
Notice the big increase we’ve seen since January.
Historically, we still need twice as much inventory as we have today to be in what we’d call a normal or balanced market. That’s why we’re still in a sellers’ market.
There still aren’t enough homes available for sale to meet today’s demand.
So, what does that mean for you? There’s buyer demand out there for your house. And at the same time, you should also have more options to choose from when you move.
If you’ve been putting off your plans to sell, now may be the time to jump in. Let’s connect to talk about listing your current house, so you can move into the home you’ve been searching for.