Published April 7, 2017

15,014 Homes Sold Yesterday… Did Yours?

Written by Michele Herndon

After all, 15,014 houses sold yesterday, 15,014 will sell today and 15,014 will sell tomorrow.

15,014!

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.

Bottom Line

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.

Are you buying or selling a home?

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When are you planning on buying a new home?

1-3 Mo

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6+ Mo

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Using Cash

Would you like to schedule a consultation now?

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When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

When are you planning on selling your home?

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Would you like to schedule a consultation or see your home value?

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