15,014 Homes Sold Yesterday… Did Yours?

There are some homeowners that have been waiting for months to get a price
they hoped for when they originally listed their house for sale. The only
thing they might want to consider is… If it hasn’t sold yet, maybe it’s
not priced properly.

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


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.