Selling anxiety? Relax.
Discover why low inventory real estate is the sweet time for sellers. Now is your time to shine in the housing market. There is good news for homeowners. If you want to sell and have been hesitating due to recent headlines on the housing market, do not wait any longer. Now is the time.
Hi, I’m Anita L. Williamson, Associate Broker with James River Realty Group. Low housing inventory is a sweet spot for sellers on the fence about listing their homes. Today’s housing inventory is still well below normal years, and that is good news for sellers as it means there is a higher buyer demand.
Curious about the numbers? Today’s housing inventory is still far from its normal levels, and that’s music to a seller’s ears. The demand is high, and that’s a great equation for homeowners pondering their next move.
According to Realtor.com, on average, active inventory in June was 50.6% below pre-pandemic 2017 to 2019 levels. So how does this impact you as a seller? Data is showing that homes that are priced right are still selling quickly with an average of 18 days on the market and seeing multiple offers in some areas.
On average, the number of offers sellers are receiving is up to three offers. Now, not all areas are receiving multiple offers, but as a seller, this is putting you in a good position to negotiate a contract that allows you a great return on your investment.
So don’t wait. Reach out anytime, so you can see accurate data on what is happening in our local market in terms of price, the days on the market, and inventory to help you strategize your next move.
I’m Anita L. Williamson, Helping You Establish Roots In Central Virginia.
