Unlocking Opportunities: Why Today’s Housing Supply is Ideal for Sellers

If you're contemplating whether now is the right time to sell your house, the answer is a resounding yes. Examining the current housing market reveals two compelling reasons for sellers to take advantage of the present conditions.

An article from Calculated Risk highlights a 15.6% increase in homes for sale compared to the same week last year. While this signals a growth in inventory, a broader perspective considering 2019, the last normal year in the housing market, reveals a substantial 40% reduction in available homes:

How This Benefits Sellers:

1. More Options for Your Move: The year-over-year growth in inventory provides sellers with more options for their home search. Whether you are considering selling due to the size of your current house, changing needs, or any other reason, the increased availability of homes eases the challenge of finding a suitable property.

   If the fear of not finding a home you like has been holding you back from selling, this surge in inventory is excellent news. Collaborating with a local real estate professional, such as AgentOwned Realty, ensures you stay informed about the homes available in your area.

2. Limited Competition for Sellers: Despite the rise in the number of homes for sale, the market still faces a significant deficit compared to 2019. The inventory of homes has not yet fully recovered, as highlighted by Realtor.com:

   “. . . the number of homes for sale and new listing activity continues to improve compared to last year. However, the inventory of homes for sale still has a long journey back to pre-pandemic levels.”

   For sellers, this means that strategically pricing your house with the assistance of an agent can attract eager buyers, making it possible to sell quickly.

Bottom Line:

If you're a homeowner contemplating selling in Charleston, SC, now presents an opportune time. With increased options for your next home and limited competition, the conditions favor sellers. Connect with AgentOwned Realty to initiate a seamless selling process and capitalize on the current market dynamics.

If you’re looking for your dream home, or if you need to sell your existing home, we can certainly help, our agents are ready and able! Agent Owned is a full service brokerage that can assist you in getting pre-qualified to loan approval. We can help you with title insurance, home insurance and the warranties you need to protect your most valuable asset. At AgentOwned, we have helped thousands of people buy and sell their homes, we have been in business for over 30 years and know what it takes to get the job done right the first time. 

Each agent has access to a team of qualified professionals from attorneys to mortgage specialists and access to a knowledge base of highly experienced Brokers that can handle any situation. Find the right agent now at: https://www.agentowned.com/all-agents 

To learn more about South Carolina including schools, employment and more see: https://www.agentowned.com/moving-to-south-carolina 

If you’re interested specifically in the Greater Charleston area see: https://www.agentowned.com/moving-to-charleston-sc 

If you’re looking for information about Manning, Sumter and the Lakes Area, see: https://www.agentowned.com/moving-to-manning-sumter 

And if you’re interested in the greater Anderson area see: https://www.agentowned.com/moving-to-anderson