Why Now Might Be the Perfect Time to Sell Your Home

Let’s take a look at what’s currently going on in the real estate market.

If you're wondering about the state of the real estate market right now, especially in terms of interest rates, you're not alone. There's uncertainty about whether rates will rise or fall. However, there's something more crucial to consider: the overall market condition.

Let's dive into some key insights. Did you know that the average days on the market are only slightly higher than last year? Homes are typically selling within 50 to 60 days on average, which is remarkable.

Recently, I conducted a search for single-family homes priced between $200,000 and $350,000 across a significant swath of eastern North Carolina—from past New Bern to Fayetteville, all the way to the coastal areas like Hampstead. Surprisingly, there were fewer than 500 homes available in this price range. What's even more telling is that about half of these were new constructions, with half of those not yet move-in ready, still a few months away from completion.

"Now is an excellent time to consider selling your home."

Narrowing the focus to homes priced between $300,000 and $450,000, the inventory was less than 360, again with about half being new builds, many of which were still under construction.

What does this mean for you? It indicates that now is an excellent time to consider selling your home. With inventory relatively low, coupled with a healthy average days on the market, there's still strong demand from buyers.

If you're contemplating whether this is the right time to sell, please don't hesitate to reach out. I'd be happy to provide more insights tailored to your specific situation and discuss how current market conditions align with your home's potential sale. Feel free to call or email—I'm here to help navigate the market with you.

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