How long does it take to sell a house, really? Learn the answers, plus the factors that go into determining them, in this guide.
Most homeowners do not look forward to selling their home.
Getting a house ready to put on the market and keeping it presentable for shoppers is a lot of work — even in a booming housing market.
If you’re considering selling, you might be wondering “how long does it take to sell a house”?
The length of time required to sell a home ultimately comes down to a few key factors. Read on for a closer look at how long it actually takes to sell a house.
What Makes a Home Sell
The amount of time needed to sell a home can vary widely depending on a number of things including the market and overall economy. But, most home purchase decisions usually come down to just a few very important factors.
The old real estate maxim about “location, location, location” is just as true today as it ever was.
While a home in virtually any location may sell eventually, homes in more desirable locations are almost guaranteed to sell more quickly. If you’re in a good school district or desirable area, the odds of selling quickly are likely in your favor.
If you’re located right next to a new big box store or a busy thoroughfare, you might need to play to your home’s other strengths to attract buyers.
Another major factor in the sale of a house is the overall condition. Most buyers are not looking for a fixer-upper. They want a house that is move-in ready and requires minor updates or changes.
Before you list your home, consider fixing obvious problems and make minor updates where necessary.
Another way to make your home look its best is to declutter. Consider boxing up anything you don’t absolutely need and move out unnecessary furniture. Making spaces appear more open often has a profound effect on a potential buyer’s perceived condition of the house.
Most home buying decisions come down to price. After location, this is probably the most important factor.
The reality is, some buyers will simply be unable to afford your home, no matter how reasonably priced it is.
Work with an experienced realtor or agency, like Tyler Goff Group real estate, to price your property competitively. And be sure to consider the area and market climate.
Don’t Forget About the Market
Even if your home is priced just right and in the perfect location, the local real estate market will still play a significant role in selling your home.
In a fast-moving seller’s market, you may be able to move your home quickly and command top dollar. But, in a buyer’s market, you may need to wait through many showings and several offers to get the price you’re looking for.
How Long Does It Take to Sell a House?
So, how long does it take to sell a house?
The answer is … it depends. If your home is in a good location, looks good inside and out, and is priced right, you might sell it very quickly.
On the other hand, if the market is not in your favor, the home is not in a great location, or it’s not priced right it, it may take some time to sell.
Check out the rest of our blog for more homeownership tips and tricks.