If you’re gearing up to sell your house, one of the biggest questions on your mind is probably, “How long is this going to take?” It’s a natural question—you want to plan your move and ensure everything lines up smoothly.
While every market is unique, taking a look at the national trends can offer some insight into what you might expect. But to really understand your local Brookings market and how it compares to national conditions, your best bet is to connect with a local real estate expert.
Here’s a breakdown of what to expect as you get ready to sell, and how a great agent can help you make the most of the market.
More Homes on the Market Mean Buyers Have More Choices
According to recent data from Realtor.com, the number of homes for sale has increased this year. This is great news for buyers, as they have more options to choose from. But for sellers, this increase in inventory means that homes are staying on the market a little longer than they have in the past few years.
In 2023, homes are spending an average of 55 days on the market before they sell. This is quite different from the past few years when homes were practically flying off the market because of limited supply. However, if we look back to pre-pandemic years (like 2017-2019), it was normal for a home to take 60 days or more to sell. So, while it may feel like things are slowing down, today’s market is still moving faster than the pre-pandemic average.
Even though homes are staying on the market a bit longer, demand is still strong. With the right price and presentation, homes are still selling relatively quickly, especially if they’re priced competitively. NerdWallet emphasizes:
“Overall, though, demand still outpaces supply. This is hardly a mellow market: Good homes sell quickly…”
How Your Agent Can Help Your Home Stand Out
If your goal is to make your sale happen as quickly as possible, the right agent can be a game-changer. A local expert from the Brookings Home Team, like Shane Andersen, can guide you through essential steps, including:
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Pricing Strategically: Pricing your home right from the start is crucial. An experienced local agent can help you avoid overpricing, which could lead to your home sitting on the market longer.
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Staging and Presentation: Buyers need to envision themselves in your home. Your agent can help with staging tips that make a great first impression—both in photos and in person.
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Marketing to Reach Buyers: Effective marketing can be the difference between a slow sale and a quick one. From listing photos to social media ads, an agent with a strong marketing plan ensures your home grabs attention from qualified buyers right out of the gate.
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Local Insight: Your Brookings-area agent knows what buyers are currently looking for in the area and what’s selling best. This local insight can be invaluable as you plan your sale strategy and timeline.
Even though homes may take a little longer to sell now, with the right approach, your home could still move faster than expected. And with the right agent, you’ll be prepared for whatever the market throws your way.
Why It’s Still a Good Time to Sell in Brookings
The housing market may be shifting, but the Brookings area remains a sought-after community for homebuyers. Even with more homes on the market, Brookings still offers a lifestyle and location that draws people in. So, if you’re considering selling, this could still be a favorable time.
Buyers are more selective in today’s market, but with an experienced local agent, you’ll have the edge. By aligning your sale with current trends and pricing competitively, you can create a strong appeal for today’s buyers, even in a shifting market.
Bottom Line
When it comes to selling your home, knowing what to expect can be a game-changer. If you’re planning to make a move, working with an experienced local agent from Brookings Home Team ensures you’ll have the knowledge and strategies to price, market, and sell your home effectively. Let’s connect today and get started on making your sale a smooth success.
Posted by Shane Andersen on
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