What You Need To Know About Selling in a Sellers’ Market
If you’ve been hearing the buzz about today’s real estate market, you’ve probably come across the term “sellers’ market.” But what does that actually mean—and what does it mean for you if you’re thinking about listing your home? Let’s break down what’s happening in the market right now and why this could be the perfect time to sell.
What Is a Sellers’ Market?
According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), housing supply remains extremely low. Right now, there’s only about a two-month supply of homes available at the current sales pace.
For perspective, a six-month supply is considered a balanced or “neutral” market—where supply and demand are roughly even. With inventory this low, we’re still very much in sellers’ market territory.
What a Sellers’ Market Means for You
When there are fewer homes for sale, buyer demand increases, and competition among buyers can get intense. This often leads to multiple offers and bidding wars, driving up the final sale price of your home.
Buyers know the market is competitive right now, so they’re motivated to put their best offer forward right away. That can mean higher offers, fewer contingencies, and faster sales.
Another important factor to consider: mortgage rates and home prices are still climbing. Serious buyers are eager to purchase before those numbers rise even more—making this a great opportunity for homeowners ready to sell.
Why Now Is a Smart Time To List
If you’ve been on the fence about selling, listing your home while inventory remains low gives you a major advantage. You’ll be showcasing your property to a pool of highly motivated buyers who are ready to make a move quickly.
The Bottom Line
The current real estate market offers incredible opportunities for homeowners ready to sell. With limited inventory and high buyer demand, your home could stand out—and sell fast.
If you’re considering selling your house, let’s connect. I can help you price your home strategically, attract the right buyers, and make the most of today’s sellers’ market.