There’s still a very limited number of homes for sale compared to the demand from purchasers looking to buy them. Meanwhile, the average home is selling fast and receiving several offers. Listing now puts your house in the spotlight, meaning it could sell quickly – and for more than you’d expect. Here’s the latest data from the National Association of Realtors (NAR) says.

Housing inventory is lower than last year by 13%

HOW THIS BENEFITS YOU:
When inventory is low, your house is in the spotlight and will get attention from many eager buyers.

Since September 2020, home prices nationwide are up 13.3%

HOW THIS BENEFITS YOU:
Higher home prices mean your house may sell for more than you’d expect.

Homes are on the market for a median of just 17 days

HOW THIS BENEFITS YOU:
A fast sale means you can close this chapter and move on to your next home sooner.

Sellers are receiving an average of 3.7 offers

HOW THIS BENEFITS YOU:
You’ll likely have several offers to choose from and can pick the one that is best for you.