Tuesday, August 15, 2023   /   by Va Marketing

About 11,000 Houses Will Sell Today

If you've been hesitating to put your house on the market, thinking that buyers are scarce right now, it's time to reconsider. While the housing market might not be as frenzied as it was a couple of years ago, it's certainly not at a standstill. Despite what you might assume, buyers are still in the game, and homes are being sold at a healthy pace.

According to data from the National Association of Realtors (NAR), projections indicate that over 4 million homes will be sold this year. Let's break down what this really means in terms of daily and even hourly activity:

• 4.16 million homes divided by 365 days in a year = 11,397 houses sold each day
• 11,397 divided by 24 hours in a day = 475 houses sold per hour
• 475 divided by 60 minutes in an hour = approximately 8 houses sold each minute

So, on any given day, around 11,000 homes are being sold across the country.

Working with a real estate expert can provide you with even more localized insights. They can tell you how many homes are being sold in your specific neighborhood, highlight the remarkable advantages sellers are currently enjoying, and shed light on the key features buyers are seeking in your area. Armed with this information, you'll be able to tailor your marketing strategy to align with local trends.

The Takeaway

If your reluctance to sell stems from a belief that buyers are scarce, it's time to reconsider. The current market is vibrant and active. Every day you hold off, approximately 11,000 other homeowners are making successful sales. As you're reading this, eight homes have already found new owners. When you're ready to make your move, don't hesitate to connect with us. Let's get your house on the market and seize the opportunities available.