If you are a seller about to sell your house or a future agent looking to get an idea of how long a house will take to sell, whatever the case might be, you have found yourself at the right place.
We are about to break down the average time it takes to sell a house and ways you can predict what time your house may take.
The average time before a house is sold?
Statistics from the United States show that houses usually spend no more than 25 days on the market. This, of course, differs when other factors like the condition of the house, the demand in the market at that time, and the season are taken into account.
For example, spring months are traditionally thought to be the best for selling houses, whereas winter months (particularly October and December) are thought to be the slowest.
Alternatives that save you time and effort:
If you find yourself in a place where you don’t have time to spare or simply just don’t want to spend time being drained by the process of keeping your house on sale, you can always turn to companies you can sell it to.
This is a great alternative as there are no agent fees involved, and there is no need to get repairs done. It also saves you the stress that a person undergoes while selling a house. If you are looking for one then you can contact www.quickbuyhomescharleston.com for more information.
Factors that affect the time taken to sell a house and how you can work on them to reduce the time:
Condition of the house:
The condition of the house being sold directly adds to its appeal, which in turn affects the probability of it being sold quicker, so it is important to know and consider repairs if the house is in drastic need of them, especially if you want to spend as little time on its sale as possible.
This also has a great impact on the number of days your house remains for sale, as the selling of a house is relative to the number of similar houses available on the market, as well as the real estate prices at that point in time. So you must do a comparative analysis beforehand, keeping all these points in mind.
This is a factor that is not as much in a person’s control as there are proper facts supporting the theory that months affect the sale of houses, but there are enough statistics to be safe than sorry!
May has generally proven to be a great month for the sale of houses, as spring holds an appeal that draws in people quickly and makes them commit easily as well, as per theories.
An important thing to remember when selling a house is also to plan properly, as after spending the time it will be on the market, there is also the process of actual money transfers between the buyer and seller, which can take days as well.
This concludes with the total time spent being around 66 days, which can be a lot, especially if you haven’t hired an agent, making alternatives, as we mentioned earlier, very feasible in most cases.
In conclusion, it can be summarized that if you have done enough market research and dedicated your time and effort logically, you can easily manage to get a good deal on selling your house without having to spend too many days.