Why Now’s Not the Time To Take Your House Off the Market
If your home has been sitting on the market longer than you expected, it’s easy to feel frustrated. You might even be thinking about taking it down and waiting until 2025. But before you do, here’s why staying the course could actually work in your favor.
Many Sellers Are Pulling Back — But That Could Be Your Advantage
According to recent data from Altos Research, more sellers are withdrawing their listings right now. This is normal around the holidays when people get busy or decide to wait for the new year.
Mike Simonsen, Founder of Altos Research, explains:
“We’re seeing a normal seasonal pattern now with inventory beginning to decline. More sellers are withdrawing their listings to try again next year. For every two sales, another listing is withdrawn.”
But here’s the thing — fewer listings mean less competition. While others are stepping back, your home can stand out to motivated buyers who are still searching.
Buyers Looking Now Are Serious
This time of year, the buyers who are active aren’t just browsing. They’re serious and ready to move. Many have been waiting for better mortgage rates and are finally seeing their chance.
Mortgage applications are already increasing, which shows more buyers are preparing to act. As Freddie Mac notes:
“During the fall months, serious homebuyers are eager to settle in to a new home before the holiday season ramps up and winter weather begins.”
These motivated buyers want to close quickly — and that’s exactly the kind of audience you want for your home.
Bottom Line
While some sellers are taking their homes off the market, doing the opposite could help you sell faster. With fewer competing listings and serious buyers still searching, now is still a great time to make your move.
Let’s connect and create a strategy to get your home sold before the year ends.
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