Number of Homes That Sell Daily
14,767 Homes Sold Yesterday…Was Yours One of Them?
Some homeowners have been waiting weeks or even months to get the price they hoped for when they originally listed their house for sale. If your home has become an older (stale) listing, you may want to re-think the list price. If it hasn’t sold yet, it may not be priced properly.
14,767 houses sold yesterday.
14,767 will sell today.
And 14,767 will sell tomorrow!
14,767 is the average number of homes that sell each and every day in this country, according to the National Association of Realtors’ (NAR) latest Existing Home Sales Report. The NAR report also revealed there is currently only a 4.7-month supply inventory of available homes for sale. A 6-month inventory is considered ‘historically normal’ – thus we are in what is termed a Seller’s Market. There are not enough homes available for sale to meet buyer demand.
Real Estate Bottom Line
I understand you want to get the most money when you sell your home. However, if it hasn’t sold in today’s strong real estate market, you may want to reconsider your current asking price.