When you’re preparing to sell your house in San Diego, one of the most common questions that comes to mind is, “How long does it take to sell a home?” This is an important question, as knowing the timeline helps you plan and set realistic expectations. While the time it takes to sell a home can vary depending on the market, having a good understanding of national trends can provide you with a general idea. However, every real estate market is unique, and for the most accurate picture, it’s essential to work with a knowledgeable local real estate agent. They have a deep understanding of your neighborhood and can offer insights into how the local market conditions compare to the bigger national picture.
In a vibrant city like San Diego, factors such as seasonality, buyer demand, and neighborhood desirability all play a role in how quickly homes sell. A great agent will take the time to discuss these specifics with you, guiding you through the entire process in your particular area.
More Homes Are on the Market, and Affecting How Long They Take To Sell
The number of homes available for sale has been steadily rising this year, according to Realtor.com. This increase in housing inventory offers more options for buyers, which is great for anyone looking to purchase a home. However, for sellers, this means that homes are now staying on the market a little longer, as buyers have more choices (see graph below).
In recent years, homes sold quickly largely because there were fewer properties available. Now that there are more homes to choose from, it’s natural that the pace of sales has slowed down. Currently, according to Realtor.com, it takes around 55 days on average for a home to go from being listed to being sold and closed.
That said, it’s important to remember that while homes may not be selling as fast as they did this time last year, they are still moving quicker than they did during pre-pandemic years. Looking at data from 2017 to 2019, it was common for homes to take 60 days or more to sell, which means today’s market is still faster compared to the norm.
Even with the growing number of homes for sale, demand remains strong, as there are still more buyers than available homes. As a result, homes that are priced appropriately and presented well are still selling at a good pace. As NerdWallet points out:
“Overall, though, demand still outpaces supply. This is hardly a mellow market: Good homes sell quickly .
In the current market, rest assured that while it may take a bit longer than last year, a marketed and well-priced, appealing house will still attract buyers and sell relatively quickly.
Your Real Estate Agent Can Help Your Home Stand Out
If you’re hoping to sell your home quickly, teaming up with a skilled local real estate agent is essential. An experienced real estate agent will guide you through every step, from setting the perfect price to staging your home to make a strong impression on buyers. They’ll also craft a tailored marketing plan to ensure your home gets maximum exposure. Beyond that, your agent will provide valuable insights into what’s happening in your specific neighborhood, helping you navigate the market and make informed decisions.
Although homes may be staying on the market slightly longer than in recent years, they’re still selling faster than in typical pre-pandemic markets. With the right agent and a strategic approach, you could see your home sell faster than expected. If you’re wondering, “How long does it take to sell a home?”—having an expert by your side ensures your home sells quickly and efficiently.
Bottom Line
If you’re thinking about selling your home, understanding how long it might take is crucial for planning your next steps. Partnering with experienced local Real Estate agents like at the McT Real Estate Group will give you the confidence to price, market, and sell your home effectively. Let’s connect to ensure you have the right strategy in place so you can move forward with confidence and achieve the best possible outcome.