Learn how long it could take to sell your home and how to speed up the process with the right strategy.

If you're ready to sell your home, one of the first questions you probably have is, “How long will it take to sell?” And it makes sense — knowing what to expect is key to planning your next steps.

While every market is different, understanding national trends can give you a good baseline. However, it's essential to talk to a local real estate agent, who knows the specific conditions in your area best and can explain how they compare to national trends.

More options for buyers, more competition for sellers

According to Realtor.com, the number of homes for sale has increased this year. This is good news for buyers, but for sellers it means that properties are staying on the market longer due to the increased supply available:

In recent years, homes sold quickly because there were few options available. Now, with more properties on the market, it's normal for the selling process to be a little slower. According to Realtor.com, it currently takes about 55 days from when a home is listed until the sale closes.

However, while homes may not be selling as quickly as last year, the process is still more streamlined than in pre-pandemic years. In the 2017-2019 period, for example, it was common for a home to take more than 60 days to sell.

"Overall, demand continues to outstrip supply. This market is far from slow — good properties are selling quickly."

NerdWallet

The reason sales remain brisk is that even though there are more homes on the market, demand still outstrips supply. This means that homes in good condition and priced appropriately continue to sell quickly.

How to Make Your Property Stand Out

If you want to sell your home as quickly as possible, working with a knowledgeable real estate agent is essential. A good agent will help you set the right price, stage your home to look appealing, and design a marketing plan that will catch the attention of buyers.

In addition, your agent will provide you with valuable insight into the local market so you can plan strategically. With the right strategy, your home could sell faster than you expect.

Bottom Line

If you're thinking about selling your home, it's important to know how long the process might take so you can plan your next steps. With the help of a professional and the right strategy, you can sell with confidence.

Ready to get started? Talk to an agent today to set a competitive price, promote your property, and ensure a successful sale.

Frequently Asked Questions

How long does it take to sell a house in 2024?

Currently, the average time is 55 days from listing to closing, according to Realtor.com.

Why are houses taking longer to sell now?

With more options on the market, buyers have more to choose from, which slows down the selling process a bit.

How can I sell my house faster?

Working with an experienced real estate agent is the best way to ensure your home is well presented, correctly priced, and has an effective marketing strategy.

What factors affect the time to sell?

The condition of the home, its location, and the sale price are all key factors. Get prequalified so you're prepared if you find a buying opportunity while selling your property.