Are you a homeowner sitting on the fence? You many not be happy with your house. Maybe you want to down or upsize? Or maybe you want to move for work or family. However, some homeowners have been waiting for months to put their house on the market because they don’t think people are buying homes right now. If that’s you, know that our local Santa Fe market is not at a standstill. Contrary to what you may believe, buyers are still active and plenty of homes are selling right now.
According to the National Association of Realtors (NAR), based on the pace of sales right now, just over 4 million homes will sell this year. With some simple math, let’s break down what that really means for you:
- 4.16 million homes divided by 365 days in a year = 11,397 houses sell each day
- 11,397 divided by 24 hours in a day = 475 houses sell per hour
- 475 divided by 60 minutes in an hour = about 8 houses sell each minute
So, on average, about 11,000 homes sell each day in this country.
As your local Santa Fe specialst, I can give you more information about how many houses are being sold in your neighborhood, the amazing advantages that sellers are experiencing right now, and the most important things buyers are searching for in your area. This knowledge will help you get the information you need to move forward.
Bottom Line
If you’ve been waiting to sell because you don’t think there are buyers out there, know today’s Santa Fe market is beyond active. Every day you wait, around 11,000 other homeowners are selling. In the time it took you to read this, eight homes sold. Are you ready to learn? A brief consultation about your home value and our market report and trendscould make all the difference for your bottom line. Kindly call or text me at 505.660.4541 for a conversation. Thank you for reading, Emily Medvec