The #1 Reason To List Your Home for Sale Now

concord ca realtor
If you are debating whether or not to list your house for sale this year, here is the #1 reason not to wait!

Buyer Demand Continues to Outpace the Supply of Homes for Sale
The National Association of Realtors’ (NAR) Chief Economist Lawrence Yun recently commented on the current lack of inventory:

“Inventory coming onto the market during this year’s spring buying season – as evidenced again by last month’s weak reading – was not even close to being enough to satisfy demand.

That is why home prices keep outpacing incomes and listings are going under contract in less than a month – and much faster – in many parts of the country.”

The latest Existing Home Sales Report shows that there is currently a 4.1-month supply of homes for sale. This remains lower than the 6-month supply necessary for a normal market, and 6.1% lower than last year’s inventory level.

The chart below details the year-over-year inventory shortages experienced over the last 12 months:

graph sell now (1)

Anything less than a six-month supply is considered a “seller’s market.”

Bottom Line
Meet with a local real estate professional who can show you the supply conditions in your neighborhood and assist you in gaining access to the buyers who are ready, willing, and able to buy right now!

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Alex Khodadad, Broker

Call (925) 705-1300
DRE #01719021

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At Delphi Realty Group we help broker the purchase and sale of real estate in the East Bay Area. Looking to buy or sell a home? Work with the top real estate agents in Pleasant Hill, Walnut Creek, and Concord today.

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