Signs of a Seller’s Market

• Low inventory: Fewer homes for sale than buyers creates quick competition. Listings sell faster, often within days.
• Low interest rates: Affordable borrowing attracts more buyers. Many first-time buyers and upgraders enter the market, fueling demand.
• Strong buyer demand: When more than one buyer is interested, bidding wars push prices higher. Homes often sell quickly—and sometimes above asking price.

Tips for Selling in a Hot Market

Be Strategic with Pricing

• Avoid pricing too high: It may cause your home to sit unsold longer, eventually requiring a price cut.
• Avoid pricing too low: A bidding war isn’t guaranteed. Work with your agent to price based on local comparable sales.

Stage Your Home

• Declutter and depersonalize so buyers can envision themselves in the space.
• Neutral colors, modern touches, and clean layouts appeal to more buyers.
• Consider hiring a professional stager—staged homes sell up to 73% faster.

List at the Right Time

• Thursdays are the best day to go live—buyers plan weekend tours and open house visits.
• Invest in professional photos, video walkthroughs, and consider virtual 3D tours.

Be Ready to Move

• Buyers in a hot market often want quick closings. Be prepared to move out within 30 days.
• If your new home isn’t ready, arrange for temporary housing or storage.
• Compare multiple offers carefully—price matters, but so do contingencies, closing timelines, and financing details.

Key Takeaway

A seller’s market can give you an edge, but success depends on pricing smart, staging well, listing strategically, and being prepared to move quickly. Working with a local real estate expert ensures you make the most of this opportunity.