Oriana Suarez November 15, 2024
Sellers
As you’re getting ready to sell your house, one of the first questions you’re probably asking is, “how long is this going to take?” And that makes sense—you want to know what to expect.
While every market is different, understanding what’s happening nationally can give you a good baseline. But for an even more detailed look at real estate conditions in your area, connect with a local real estate agent. They know your local market best and can explain what’s happening near you and how it compares to national trends.
Here’s a look at some of the things a great agent will walk you through during that conversation.
According to Realtor.com, the number of homes for sale has been going up this year. That means there are more options for buyers, which is great news for anyone looking to buy a home. But as a seller, it also means homes are staying on the market a bit longer now that buyers have more options to choose from (see graph below):
One of the big reasons homes sold so fast in recent years is because there were so few of them for sale. And now that there are more houses on the market, it makes sense that they aren’t selling at quite the same pace. Right now, according to Realtor.com, it takes 55 days from the time a house is listed for it to be officially sold and closed on.
But keep this in mind. While homes might not be selling as quickly as they did last year at this time, they’re still selling faster than they did in more normal years in the housing market, before the pandemic.
If you look back at 2017-2019 in the graph above, you’ll see that it was typical for a house to take 60 days or more to sell. So, today’s process is still faster than the norm.
That’s because, even with more homes for sale, there are still more buyers than homes for sale. So, homes that show well and are priced right are selling fast. As NerdWallet explains:
“Overall, though, demand still outpaces supply. This is hardly a mellow market: Good homes sell quickly . . .”
If you’re looking for ways to make your move happen as quickly as possible, partnering with a great local agent is the key. Your real estate agent will help you with everything from setting the right price to staging your home so it looks its best. They’ll even create a marketing plan that grabs buyers’ attention and will give you key insights about what’s happening in your specific area, so you can plan accordingly and make the process go as smoothly as possible.
So, while homes might be on the market a little longer than before, they’re still selling faster than the norm. If you have the right agent and the right strategy in place, your house may even sell faster than you’d expect.
If you're preparing to sell your home, understanding the timeline can help you plan your next move with confidence. With more homes on the market, houses may take slightly longer to sell than in recent years. However, the right agent and strategy can help your listing stand out and sell faster. Let’s connect so you’ll be able to price, market, and sell your home with confidence.
(908) 445-5339 | [email protected]
Stay up to date on the latest real estate trends.
Sellers
June 11, 2025
Your step-by-step guide to selling a home in Union County, NJ—covering pricing, preparation, marketing, and closing in today’s 2025 real estate market.
Buyers
June 4, 2025
Why Roselle Park Is a Great Choice for First-Time Buyers
Buyers
May 21, 2025
Explore the top neighborhoods and housing markets in Union, Middlesex, Essex, and Bergen Counties with insights from the experts at Florostone Realty.
Sellers
May 13, 2025
Florostone Realty's Proven Strategies for Maximizing Home Sales in New Jersey's Competitive Markets
Tips
May 7, 2025
Expert Tips to Sell Fast and Maximize Value in 2025
Tips
March 29, 2025
From SEO and social media to email marketing and referrals, this blog breaks down the best strategies to attract and convert leads without picking up the phone.
Sellers
March 15, 2025
Learn why a pre-listing inspection may be the smartest move before putting your house on the market!
Buyers
March 1, 2025
Learn how to navigate high prices, expand your search area, and leverage local knowledge to find the perfect first home.
Tips
February 24, 2025
Starting out in real estate can be overwhelming, but with the right strategies, new agents can quickly grow their client base.
We strive to become your go-to Real Estate Advisors. Book a free consultation today and let’s get started with a buying or selling plan for your home customized to your unique timeline.