Are you hesitant to sell your house because you’re worried no one’s buying with rates and prices where they are right now? Here’s some perspective that can help.
The market actually isn’t at a standstill. While there weren’t as many sales last year as there’d be in a normal market, roughly 4.15 million homes still sold (not including new construction), according to the National Association of Realtors (NAR). And the expectation is that number will rise in 2025. That means more people will likely move this year, and they need homes to buy. Homes like yours.
But even if we only match last year’s sales pace, here’s what that looks like.
Every Minute Homes Are Selling – Literally
- 4.15 million homes ÷ 365 days in a year = 11,370 homes sell each day
- 11,370 homes ÷ 24 hours in a day = 474 homes sell per hour
- 474 homes ÷ 60 minutes = roughly 8 homes sell every minute
Think about that. Just in the time it took you to read this, 8 homes sold.
If you’ve been holding off on selling your house because you think buyers aren’t out there, let this reassure you – there are still buyers looking to buy.
Every day, thousands of people need to buy homes. So, while higher home prices and mortgage rates have slowed the market down and forced some buyers onto the sidelines, that doesn’t mean the market isn’t active. Many buyers are still eager to make a move because life doesn’t wait for perfect market conditions.
With the right agent by your side, you can get your house in front of those buyers while other hesitant homeowners are still putting their plans on pause because they’re worried buyer demand has disappeared. Let’s get your house sold.
Bottom Line
On average, 11,000 homes sell every day, and yours could be one of them. In the time it took you to read this, another 8 homes sold.
When you’re ready to take the next step, connect with a trusted local real estate agent so you have an agent to create that perfect strategy.