How Long Does It Take to Sell My House in Houston?
Local real estate agents have recently described the Houston real estate market as “cutthroat” for buyers. This year, the number of interested buyers is outpacing the number of houses on the market, and the competition is steep! But, what does this actually mean for Houston sellers?
If you’re thinking about your selling options, you’re probably wondering: How long will it actually take to sell my house in Houston?
When you’re hoping to sell a house quickly, you don’t want to leave everything up to chance;
- What makes the house selling process faster?
- What is your absolute quickest selling option?
Our Selling.House experts are here to explain everything you need to know about the Houston real estate market, and the typical time it takes to sell a house here.
Read on for more helpful information!
How Long Does It Take to Sell a House on Average?
Across the nation, sellers are waiting for an average of 25 days between listing their home and taking it off the market to go into contract.
In 2019, the waiting period was about 30 days. For sellers who are looking to sell quickly, this could appear to be good news. The only issue? This doesn’t mean that sellers get to walk away with money in their pocket in as little as 25 days. However, it simply means that they no longer have to look for a buyer, assuming the one they’ve secured doesn’t back out of the deal.
On average, the actual closing process can take an additional 3-4 weeks.
Benefits of Selling Your Home for Cash
The world-wide pandemic has forced the housing market into a sellers’ market; in other words, houses are selling quickly. This also means that sellers are able to be more particular about the offers they accept!
That being said, there are many benefits of selling your home for cash. Understanding these benefits will help you to answer the question, “Are cash buyers better?”
Factors That Can Speed Up or Slow Down Your Sale
No matter what’s going on in your local real estate market, there are still factors that can help speed up or slow down your sale. Let’s take a look at what those factors are so you can get a more realistic view of how long your home might sit on the traditional market.
Is Your Asking Price Reasonable?
If you’ve ever watched a house sit on the market for a few months, you’ve probably watched the price drop steadily over time.
What this means is that the seller asked for too much in the first place, and now has to make some concessions before finding a seller.
It can be quite exciting to sell in a market where some homes are bringing in more than their current property value!
On the other hand, trying to sell with a high asking price is simply going to push buyers away, especially if your home isn’t up to par with others in the area.
Is Your Home in Good Condition?
This is the biggest issue for sellers no matter when they’re selling! If your home is in fantastic, modernized, move-in-ready condition, you’re not going to have a hard time selling. What if you’re trying to sell as-is?
There are buyers out there who are happy to pay less for a house that needs a ton of work. Unfortunatelty for sellers, they are few and far between. Even if your home is functional but aesthetically outdated, you’re going to have a harder time landing a buyer.
Are You In a Desirable Location?
There are two primary areas that people want to live: First, suburban neighborhoods outside of cities, preferably on a commuter line.
And, secondly, within the cities that have plenty to do; shopping, dining, and more.
If your property isn’t in a desirable location, a lot of buyers will admit that they’d rather wait for a new listing to hit the market.
In short, location is crucial when you’re trying to sell.
Are You Selling When the Market Is Strong?
As we’ve already acknowledged, the market is tipping strongly in favor of (some) sellers right now. However, that could change at any moment.
In fact, a seller’s market almost always collapses within a few months to a year as mortgage rates climb back up and more sellers try to get in on the action.
Let's Get Started!
The Fastest Way to Sell Your Houston House
What is the guaranteed fastest way to sell your Houston home? Who will take your home off your hands–and let you walk away with cash in full–in as little as 24 hours?
Well, that would be us! We are some of the best, most experienced home buyers in Houston and we offer some of the best cash offers in the city. When you sell to us, you don’t need to worry about the condition of your home at all–we’ll buy it just as it is! Flaws and all!!
Sell in as Little as 24 Hours with Our Help!
If you’ve been thinking about selling your Houston home, you’ve probably wondered, “How long does it take to sell my house in Houston?”
We hope that we’ve given you the insight you need to decide whether or not taking a chance on the traditional real estate market is the right choice for you.
Let’s evaluate what those factors are, so you can get a more realistic view of how long your home might sit on the traditional market.
Are you ready to sell in as little as 24 hours?
To get started, contact us today. All you need to do is text or call and we’ll give you a free cash offer, which can help speed up the selling process!