If you’re about to put your home on the market, it hopefully doesn’t come as a surprise to you that 2021 is the perfect time to sell. Here are three reasons backed by data that prove you shouldn’t wait any longer to list your Mission Hills home for sale.
1. Lightning-Fast Sales
Most sellers want their home to sell as quickly as possible. The longer you go without a buyer for your home, the more stress it will cause and the more money you may lose on the transaction. But in 2021, you shouldn’t have to wait too long to see buyers take interest in your home for sale in Mission Hills. In March, 83% of homes were sold in less than a month. If you look at the San Diego market specifically, things look even better. While last year, a home sat on the market for 19 before a sale (still a short amount of time), in May 2021, homes sell in just 9 days on average!
2. Shockingly Low Inventory
When inventory is low while demand is high, you stand to make more money off your home than you ordinarily would. Although inventory has generally been on the decline, it’s been shockingly low for several months. Even with a slight increase in inventory early this spring, the fact remains that inventory has hit a historic low.
3. Bids, Bids, and More Bids
Bidding wars aren’t fun for the buyer but they are exactly what sellers hope for since they increase the home’s selling price. In March, homes received an average of over four bids before the sale was closed. While a bidding war can be intimating if you’re navigating it alone, as long as you have a trusted, experienced real estate agent on your side, you shouldn’t have a problem.
Cash in on These Numbers by Listing Your Home for Sale in Mission Hills
Clearly, there are good reasons why the housing market is sizzling hot for sellers right now. There’s never been a time where you can make more money in a short amount of time for your home. If you truly want to maximize revenue off your Mission Hills home for sale and close the transaction in the most stress-free way possible, you should work with the experienced agents at the Horton Realty Team. No one has sellers’ backs like we do! To learn more, contact us today!