After all, 15,014 houses sold yesterday, 15,014 will sell today and 15,014 will sell tomorrow.
That is the average number of homes that sell each and every day in this country, according to the National Association of Realtors’ (NAR) latest Existing Home Sales Report. NAR reported that sales are at an annual rate of 5.48 million. Divide that number by 365 (days in a year) and we can see that, on average, over 15,014 homes sell every day.
The report from NAR also revealed that there is currently only a 3.8-month supply of inventory available for sale, (6-months inventory is considered ‘historically normal’).
This means that there are not enough homes available for sale to satisfy the buyers who are out in the market now in record numbers.
We realize that you want to get the fair market value for your home. However, if it hasn't sold in today's active real estate market, perhaps you should reconsider your current asking price. The other consideration is that it's not reaching potential buyers. Maybe you heard that all you had to do was put a sign in the yard and sell it yourself. Perhaps you listed with a limited service agreement that pinches pennies while missing the best chance for it to sell. Either way, it's time to talk to a professional, if you're home sits available but unsold.