In today’s housing market, the number of homes for sale is a key factor to consider when making the decision to sell. As The Freund Group, your local real estate experts in League City, TX, servicing the Houston to Galveston area, we're here to shed light on what this means for you as a potential seller.
Limited supply is one of the biggest advantages you have right now when listing your house. With fewer homes on the market, yours stands out more, especially if it's priced right. However, it's essential to note that the supply of homes for sale is growing. According to Realtor.com, new listings are on the rise compared to the same time last year.
This increase in listing activity may create competition for sellers. Each new listing in your area poses the risk of diverting buyer attention away from your home. If a neighboring house goes up for sale, it could draw potential buyers away from yours, highlighting the importance of standing out in the market.
Working with a skilled real estate agent is crucial in maximizing your home's visibility and attracting potential buyers. A knowledgeable agent will assist you in preparing your home for listing, emphasizing its appealing features, and setting the right price to capture buyer interest.
Selling now presents an opportunity to capitalize on both low inventory and growing options for your next move. By acting before more competition arises, you can ensure that your home remains in the spotlight and stands out to eager buyers.
In summary, while inventory remains low, it's essential not to wait for increased competition in your neighborhood. Reach out to The Freund Group to explore the benefits of selling your home before more listings flood the market. Let's connect and discuss your selling strategy today.