The length of time that it takes to sell your house can vary greatly. According to statistics the average time it takes a house to close from the time it was listed is 65 days. However, average times don’t help a seller to know what to expect from the sale of their home.
If you are a seller who is looking for a quick sale you need to know what impacts the speed with which you can sell your house.
The following factors can have an impact on how long it will take a house to sell:
Location – If your house is located in a good area with a hot market it will most likely sell fast. However, if it is located next to a run down industrial park it could take a lot longer.
Homes that are located within walking distance to good restaurants and shopping are usually fast sellers as well.
Price – An overpriced house isn’t going to sell. An underpriced house could sell quickly.
Season – Houses tend to sell faster in the summer. Sales can tend to slow down during the winter when school is in session.
School District – Houses that are part of a good school district on average sell faster than other than those that don’t.
While some of the things that encourage a quick sale are things that the homeowner cannot control, like location, there are some things that you can do to help sell your house. If you are looking for a quick sale try the following:
Pricing – Price your house to sell. Any house can sell fast if it is priced right. If you price your house at the lower end of what it is worth you will draw immediate attention. Buyers love to get a good deal and walk away with instant equity.
Make Repairs – The majority of buyers are looking for a move-in ready house. If you want your house to appeal to them you need to make the repairs before putting your house on the market. Make sure that your house is ready once it goes on the market.
Staging – When you want your house to stand out from the crowd it is worth spending time and money on staging the house. Start by de-cluttering your house. Pack away anything that you will not need while your house is on the market.
The less furniture in your house the larger it will look. But make sure that you put the right furniture in the right places to create a space that buyers will love.
There are a number of factors that can have a big impact on how long it takes to sell your house. A house that is in a good location, in good condition, and priced on the low side will always have a buyer that is interested. If your house is sitting on the market, there is a good chance that one or more of these things is not where it should be.