Published August 19, 2024
How Long Before My Home Sells? 3 Key Factors
Pricing and preparation determine how fast your home will sell.
As summer wraps up, many homeowners wonder how long it will take to sell their homes in the current market. While there are averages we can look at—33 days in Davidson County and 35 days in Williamson County—the truth is that some homes sell faster while others linger on the market. So, what determines how quickly your home will sell? Here are three key factors to consider: 1. Condition. A few years ago, the real estate market was so strong that homes sold no matter their condition. Today, that’s not the case. The condition of your home plays a significant role in how quickly it will sell. Buyers are more discerning, and homes in top condition are far more likely to attract multiple offers and sell quickly. This means taking the time to address any repairs, freshen up the paint, and ensure your home is move-in ready. When paired with a strong marketing plan from your agent, a well-maintained home becomes highly desirable and is likely to sell faster.
"The right preparation and pricing can dramatically shorten your home's time on the market."
2. Accessibility. Another critical factor in selling your home quickly is how accessible it is to potential buyers. The more opportunities buyers have to see your home, the faster it will sell. Some sellers hesitate to allow showings at inconvenient times, but limiting access can significantly slow down the sale process. Our team employs a "blitz open house" strategy, holding your home open for extended hours over the first weekend to ensure maximum visibility. By making your home easily accessible, you increase the chances of finding the right buyer quickly. 3. Pricing. The most important factor in how quickly your home will sell is its pricing. While it’s tempting to price your home based on what you wish it was worth, overpricing can lead to your home sitting on the market longer than necessary. Once a home has been on the market for too long, buyers start to wonder if something is wrong with it, leading them to offer less than the asking price. On the other hand, pricing your home correctly from the start can create competition among buyers, potentially driving the price up. If you’re looking to sell your home quickly this summer, focus on these three areas: ensure it is in top condition, make it easily accessible to buyers, and price it according to the current market. By doing so, you’ll increase your chances of selling your home within 30 days, minimizing inconvenience and maximizing your returns. If you have any questions, reach out to us anytime through phone or email. We look forward to hearing from you!
