{"id":6532,"date":"2020-06-08T21:44:03","date_gmt":"2020-06-09T01:44:03","guid":{"rendered":"http:\/\/www.atyourbusiness.com\/blog\/?p=6532"},"modified":"2020-06-08T21:44:20","modified_gmt":"2020-06-09T01:44:20","slug":"how-long-does-it-take-to-sell-a-house-a-detailed-guide","status":"publish","type":"post","link":"https:\/\/www.atyourbusiness.com\/blog\/how-long-does-it-take-to-sell-a-house-a-detailed-guide\/","title":{"rendered":"How Long Does It Take to Sell a House? A Detailed Guide"},"content":{"rendered":"\n<p>Every year, there are <a href=\"https:\/\/www.wsj.com\/articles\/u-s-existing-home-sales-wrapped-up-2019-on-solid-note-11579705351\">more than 5 million houses<\/a> sold throughout the U.S.<\/p>\n\n\n\n<p>Some of these houses are priced to move and sell within just a few days. Others are overpriced and end up sitting on the market for weeks, months, and, in certain instances, even years on end.<\/p>\n\n\n\n<p>If you&#8217;re thinking about selling your home soon, you should find out the answer to the question, &#8220;How&nbsp;long does it take to sell a house on average?&#8221; It&#8217;ll let you know what you&#8217;re about to get yourself into.<\/p>\n\n\n\n<p>Answering this question can be difficult to do since it really&nbsp;all depends on a variety of factors. The&nbsp;average time to sell a house tends to vary based on everything from which city or town it&#8217;s located in, to&nbsp;how much a seller is asking for it.<\/p>\n\n\n\n<p>If you&#8217;re wondering, &#8220;How&nbsp;long does it take for a house to sell?&#8221;, you should learn about the different factors that can have an affect on it. Continue reading to find out more about a few of them.<\/p>\n\n\n\n\n\n<h2 class=\"wp-block-heading\">Location of a Home<\/h2>\n\n\n\n<p>You&#8217;ve probably heard (about a thousand times!) that there is one thing more important than almost anything else when it comes to real estate. That one thing? Location, location,&nbsp;<em>location<\/em>.<\/p>\n\n\n\n<p>If a home is situated in a hot housing market, it&#8217;s going to sell quicker than it would if it were located somewhere else. It&#8217;s why you should take a closer look at your housing market prior to trying to sell a home.<\/p>\n\n\n\n<p>In this day and age, the hot housing markets aren&#8217;t necessarily where you might think they would be. Some of the <a href=\"https:\/\/www.marketwatch.com\/story\/the-hottest-housing-markets-of-2020-are-far-from-the-coasts-2019-12-12\">trendiest&nbsp;markets in 2020<\/a> are in places like Boise, Idaho, Colorado Springs, Colorado, and Akron, Ohio.<\/p>\n\n\n\n<p>You shouldn&#8217;t have any trouble selling a home in one of those places right now. But you might see your home sit on the market if you have a home in a city like Chicago, Las Vegas, or Detroit, which are <a href=\"https:\/\/www.cnbc.com\/2019\/12\/04\/harsh-housing-forecast-for-2020-especially-in-these-big-cities.html\">all on the slower side<\/a>&nbsp;in 2020&nbsp;as far as home sales go.<\/p>\n\n\n\n<p>The location of your home is going to play a very important role when you&#8217;re trying to answer the question, &#8220;How&nbsp;long does it take to sell a house on average?&#8221; The number could spike for those in real estate markets that aren&#8217;t red-hot.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Features in a Home<\/h2>\n\n\n\n<p>When you&#8217;re preparing to sell a home, one of the first things you&#8217;ll do is sit down and create a long list of its features. You&#8217;ll try to pick out things about your home that will be attractive to buyers.<\/p>\n\n\n\n<p>The problem with this, of course, is that not everyone has the nicest features to brag about in the listing for their home. There isn&#8217;t a great way to let people know that you&#8217;re selling a home that only has two bedrooms and one bathroom when there are plenty of three and four-bedroom properties with two or three bathrooms in your general area.<\/p>\n\n\n\n<p>The more positive features that your home has, the better your chances of selling it in a hurry. You won&#8217;t have to worry about, &#8220;how&nbsp;long do most houses stay on the market?&#8221;, since your home will sell quickly when it&#8217;s jam-packed with things home buyers want in a house.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Condition of a Home<\/h2>\n\n\n\n<p>Your home might have a million and one&nbsp;features that homebuyers are going to love in it. But what about if it also has:<\/p>\n\n\n\n<ul><li>A roof that is in desperate need of either repair or replacement<\/li><li>A cracked foundation that needs to be fixed ASAP<\/li><li>A swimming pool that is falling apart and needs to be filled in<\/li><li>An outdated kitchen that needs to be remodeled<\/li><li>A basement filled with mold that needs to be tended to<\/li><\/ul>\n\n\n\n<p>Homes that need to have one or more of these types of things done will typically sit on the market for a long time until the right buyer comes along. You may have to wait for a company that says, &#8220;<a href=\"https:\/\/www.markkingproperties.co.uk\/we-buy-any-house-south-wales\/\">We buy any house<\/a>,&#8221; to make you an offer.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Price of a Home<\/h2>\n\n\n\n<p>You might want to get, say, $300,000 out of your house even though the market says that it&#8217;s only worth $250,000. You&#8217;re more than welcome to list it for $300,000, but doing this will often result in you waiting for a longer time to find a seller.<\/p>\n\n\n\n<p>Home sellers know how to spot an overpriced home when they see one. It&#8217;s more expensive than&nbsp;similar homes in its area, but it doesn&#8217;t offer anything extra for the high price tag on it.<\/p>\n\n\n\n<p>You&#8217;re&nbsp;likely going to see your home sit and sit, and sit some more if you price it too high. It&#8217;s essential for you to hit the sweet spot&nbsp;where people feel like they&#8217;re going to be getting a great deal if they buy your house.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Climate Surrounding a Home Sale<\/h2>\n\n\n\n<p>Is there anything going on in the country or the world that could impact everyone&#8217;s ability to successfully buy a home and pay top dollar for it? If so, it could cause your home to sit on the market for longer than you hoped it would.<\/p>\n\n\n\n<p>This year, for example, the <a href=\"https:\/\/www.marketwatch.com\/story\/pending-home-sales-saw-biggest-decline-on-record-in-april-because-of-coronavirus-pandemic-2020-05-28\">coronavirus pandemic has caused problems<\/a> for those trying to sell homes. Home sales have gone way down as people have struggled to sell their houses amid the pandemic.<\/p>\n\n\n\n<p>The answer to the question, &#8220;How&nbsp;long does it take to sell a house?&#8221;, can change up in a hurry when these kinds of current events affect the national housing market. It&#8217;s good to keep an eye out for them&nbsp;so that you can adjust your expectations when selling a house.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">So,&nbsp;How&nbsp;Long Does&nbsp;It&nbsp;Take to Sell a House on Average? It Depends<\/h2>\n\n\n\n<p>As you can see, it&#8217;s not easy to provide a definitive answer to the question, &#8220;How&nbsp;long does it take to sell a house on average?&#8221;, when there are so many factors thrown&nbsp;into the mix.<\/p>\n\n\n\n<p>You should consider each of these factors prior to selling your home. They&#8217;ll help give you a much better idea of how long it might take you to sell your house.<\/p>\n\n\n\n<p>Read our blog to find some tips on how to sell a house faster than usual.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Every year, there are more than 5 million houses sold throughout the U.S. Some of these houses are priced to move and sell within just a few days. Others are overpriced and end up sitting on the market for weeks, months, and, in certain instances, even years on end. If you&#8217;re thinking about selling your [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"_links":{"self":[{"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/posts\/6532"}],"collection":[{"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/comments?post=6532"}],"version-history":[{"count":1,"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/posts\/6532\/revisions"}],"predecessor-version":[{"id":6534,"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/posts\/6532\/revisions\/6534"}],"wp:attachment":[{"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/media?parent=6532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/categories?post=6532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/tags?post=6532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}