How Long Does It Take to Sell a House on Average?

How to acquire family-owned investment real estate

If you’re planning a move then the biggest stress on your mind isn’t the new place but the old place. You want to find the best way to go about selling a house.

While you always see homes for sale, you might notice that some of these stay on the market for months on end! Do you want to know how long does it take to sell a house?

You want to start the process as soon as possible so you’re ready for the big move.

Here’s what you must know about the home selling process:

Looking At the Market

There will always be a demand for real estate but you have to keep an eye out on whether you’re in a buyer’s market or seller’s market.

A buyer’s market is when property prices are low. This usually happens when the economy is in a crisis or is even going through high levels of inflation. In such a case, sellers are forced to lower their prices to make it easier for potential buyers.

In a seller’s market, there’s a great demand for property, and sellers get to have more control over the pricing. You can’t predict the market but you want to always try to sell your home in this scenario.

Make sure you research how to sell your house beforehand so you’re ready for when the time is right.

You want to also speak to a real estate agent in advance. They can advise on when are the best times to sell based on your market and jurisdiction. They’ll also help you find potential buyers.

How to Prepare

Of course, if you aren’t prepared beforehand then you won’t get to sell your house when you wish to.

The first step is to ensure that the house is renovated, cleaned, and fixed. While you can sell a house for a cheaper price that isn’t maintained well this isn’t always ideal.

If, for instance, there are any appliances that aren’t working you want to get them fixed first. Many homeowners might even go as far as replacing their old appliances with newer ones.

This makes it easier to sell your house at a higher price. You want to give the impression that this is a new home that no one has lived in.

You might want to consider re-painting the house if it’s been at least two years since the last painting.

Make sure you also invest in marketing your home even if you hire an agent. The more listings you have online the faster you’ll be able to sell your home.

Now You Know How Long Does It Take to Sell a House

Now you know the answer to how long does it take to sell a house?

You want to first check whether you’re in a buyer’s market or a seller’s market. Always ask a realtor to help you determine the best time to sell in your market.

Follow our best practices to prepare your house for the big sale. Make sure you also market your house aggressively to speed up the sale.

You can find more home selling tips on our website.

Like it? Share with your friends!