Are you waiting for just the right person to buy your home? You might be surprised to learn that waiting isn’t the issue—pricing is. Here’s what you need to know.
Homes Are Taking Longer to Sell
Homes are staying on the market longer than they did last year. According to Realtor.com, a typical home took 60 days to sell in August, seven days more than last year. This trend has been happening for 17 months in a row.
More Homes, More Choices
There are more homes available now, giving buyers more choices. But the main reason homes don’t sell quickly is they’re priced too high.
Prices Aren’t Rising Like Before
Many homeowners remember when home prices were going up fast a few years ago. But now, prices have stayed the same for a while. Unlike the past, when you could set a high price and still get offers, buyers now focus more on price. If your home is priced too high, it may sit without offers.
Signs Your Price Might Be Too High
Are you seeing these signs with your listing?
• Few showings
• No offers or only low offers
• Negative feedback from buyers
• Your home is on the market longer than others nearby
If you notice these, the problem may be the price.
Adjust Your Price
Work with an agent to ensure your home is priced for today’s market. Even a small price change can attract the right buyers. Remember, even if you don’t get the price you hoped for, you’ve likely gained equity by owning your home over time.
Patience isn’t enough. Pricing is key. If your house isn’t selling, it might be time to adjust the price. I, Shirin Rezania Ramos, can help you find the right price so your home sells smoothly and at a value that benefits you. Let’s work together to stand out in the market without the hassle. Call me at 858-345-0685.
What is your home worth? click here.
Homes for sale in Carmel Valley click here.
Shirin Rezania Ramos | 858.345.0685 | www.shirinramos.com | Compass, DRE 0203379
