The housing market has never been friendlier for sellers, with the price of newly registered homes increasing by 32.6 percent in 2021. The median home price is now an impressive $350,300. 

But the rising home prices haven’t deterred buyers at all, with the home buying power across the country up by 21 percent. 

In a seller’s market, you can expect the home selling process to take much shorter than when there’s lots of inventory available. But exactly how many days does it take to sell a home in the US?

Every individual sale is unique, so the days on the market will vary depending on various factors. We’ll take a look at some of these factors to help you get a better idea of how long you can expect to take when selling a house.

Home Prepping

One of the first items on a home selling checklist is to get your house ready for potential buyers.  Almost all homes require some degree of work to be done before they hit the market.

The amount of prep time varies depending on how much work and maintenance you’ve put into your home in the past. Expect to spend about a month on proper home prepping.

Some prepping tasks you can expect include decluttering, making small repairs, and cranking up the curb appeal.

What if your home has bigger problems, such as foundation issues? Such repairs may prove costly to fix, so consider selling your home as-is. There are reputable buyers, such as www.brothersbuyhomes.com, who will give you a great deal for your home regardless of its condition. 

State of the Market

Market forces play a massive role in how long selling a home will take. Where the demand for houses is higher than the actual number of homes available, you can expect homes to fly off the market rapidly. In December 2020, for instance, homes stayed on the market for just 21 days on average.

As the home supply starts to increase, homes start to take longer to sell. These are just dynamics that you have little control over. However, you can go out of your way to prep your home in such a manner that every buyer will want to snatch it up, even in a buyer’s market. 

Home Pricing

Even in a seller’s market, overpricing your home can make it sit on the market for longer than a properly priced home. No buyer wants to go bankrupt purchasing a home. If you quote a ridiculously high price for your home, you’ll struggle to get offers.

Take a close look at the homes for sale in your area to get a better idea of the going rates for homes similar to yours. You can also partner with an agent who knows how to sell a house to help you determine a price that helps your home sell faster.

The Home Selling Process Doesn’t Have to Take Long

The home selling process can sometimes feel like a race against an unpredictable clock. The truth is there are different factors that determine how long your home will take to sell. Having a thorough understanding of these factors can help you take the necessary steps to help your home sell faster.

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