• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Logo
  • Login / Register
  • 916.221.0886
  • Facebook
  • Instagram
  • LinkedIn
  • Home
  • Search
    • Advanced Search
    • Search by Map
    • New Listing Email Alerts
    • Our Featured Listings
  • Sell
    • Our Seller Services
    • Luxury Marketing Services
    • What’s My Home Worth?
    • FREE Seller Guide
    • FREE Market Reports
  • Buy
    • Buy A Home
    • FREE Buyer Guide
    • FREE Market Reports
    • Mortgage Calculator
  • Neighborhoods
  • About
    • About Us
    • Meet The Team
    • Testimonials
    • Our Awards
    • Join Our Team
    • Boutique vs. Big-Box
  • Contact
Home > Why It’s Still a Sellers’ Market

Why It’s Still a Sellers’ Market

August 4, 2022 by jleonardi

Why It’s Still a Sellers’ Market | Simplifying The Market

As there’s more and more talk about the real estate market cooling off from the peak frenzy it saw during the pandemic, you may be questioning what that means for your plans to sell your house. If you’re thinking of making a move, you should know the market is still anything but normal.

Even though the supply of homes for sale has been growing this year, there’s still a shortage of homes on the market. And that means conditions continue to favor sellers today. That’s because the level of inventory of homes for sale can help determine if buyers or sellers are in the driver’s seat. Think of it like this:

  • A buyers’ market is when there are more homes for sale than buyers looking to buy. When that happens, buyers have the negotiation power because sellers are more willing to compromise so they can sell their house.
  • In a sellers’ market, it’s just the opposite. There are too few homes available for the number of buyers in the market and that gives the seller all the leverage. In that situation, buyers will do what they can to compete for the limited number of homes for sale.
  • A neutral market is when supply is balanced and there are enough homes to meet buyer demand at the current sales pace.

And for the past two years, we’ve been in a red-hot sellers’ market because inventory has been near record lows. The blue section of this graph highlights just how far below a neutral market inventory still is today.

Why It’s Still a Sellers’ Market | Simplifying The Market

What Does This Mean for You?

Ed Pinto, Director of the American Enterprise Institute’s Housing Center, gives a perfect summary of what’s happening in today’s market, saying:

“Overall, the best summary is that we’ll move from a gangbuster sellers’ market to a modest sellers’ market.”

Conditions are still in your favor even though the market is cooling. If you work with an agent to price your house at market value, you’ll find success when you sell your house today. While buyer demand is softening due to higher mortgage rates, homes that are priced right are still selling fast. That means your window of opportunity to list your house hasn’t closed.

Bottom Line

Today’s housing market still favors sellers. If you’re ready to sell your house, let’s connect so you can start making your moves.

Filed Under: BLOG POSTS

Primary Sidebar

New ListingEmail Alerts

Sign Up

What's MyHome Worth

Details

Categories

  • BLOG POSTS
  • LOCAL EVENTS
  • PRESS & AWARDS

ClientTestimonials

"It is with great pleasure to recommend John Leonardi owner-broker of Leonardi Real Estate.I’ve known John for about fifteen years and although we had never “done business” together it... continued"
- David & Dana
View All

Follow Us
🏡 Everyone has their own idea of the American D 🏡 Everyone has their own idea of the American Dream, and it's different for each person. But, in a recent survey by Bankrate, people were asked about the achievements they believe represent the American Dream the most. The answers show that owning a home still claims the #1 spot for many Americans today.
.
.
.
.
.
.
.
.
.
.
.
.
.
#realestate #realtor #realestateagent #realtorlife #homesweethome #openhouse #interiordesign #homes #househunting #homegoals #housegoals #homesforsale #realestatesales #realty #luxuryhomes #luxuryrealestate #homeideas #newhome #housingmarket #folsomca #folsom #leonardirealestate #folsomrealestate #folsomranch #eldoradohills #granitebay
Happy Thanksgiving 🦃 #happythanksgivng #realest Happy Thanksgiving 🦃 #happythanksgivng #realestate
🙏🏼 Thank you! . . . . . . . . . . . . . #re 🙏🏼 Thank you! 
.
.
.
.
.
.
.
.
.
.
.
.
.
#realestate #realtor #realestateagent #realtorlife #homesweethome #openhouse #interiordesign #homes #househunting #homegoals #housegoals #homesforsale #realestatesales #realty #luxuryhomes #luxuryrealestate #homeideas #newhome #housingmarket #folsomca #folsom #leonardirealestate #folsomrealestate #folsomranch #eldoradohills #granitebay
🎉Congratulations to our Seller! #SOLD . . . . . 🎉Congratulations to our Seller! #SOLD
.
.
.
.
.
.
.
.
.
.
.
.
.
#realestate #realtor #realestateagent #realtorlife #homesweethome #openhouse #interiordesign #homes #househunting #homegoals #housegoals #homesforsale #realestatesales #realty #luxuryhomes #luxuryrealestate #homeideas #newhome #housingmarket #folsomca #folsom #leonardirealestate #folsomrealestate #folsomranch #eldoradohills #granitebay
🇺🇸 Today, we honor the men and women who hav 🇺🇸 Today, we honor the men and women who have served and protected our great nation. Happy Veterans Day. 🇺🇸🙏🏼
.
.
.
.
.
.
.
.
.
.
.
.
.
#veteransday 
#realestate #realtor #realestateagent #realtorlife #homesweethome #openhouse #interiordesign #homes #househunting #homegoals #housegoals #homesforsale #realestatesales #realty #luxuryhomes #luxuryrealestate #homeideas #newhome #housingmarket #folsomca #folsom #leonardirealestate #folsomrealestate #folsomranch #eldoradohills #granitebay
  • Facebook
  • Instagram
  • LinkedIn

Footer

logo

916.221.0886
email us

Sell
Buy
Search
Contact
About
Agents
Awards
Join us

Receive OurNewsletter

GET EXCLUSIVE NEWS UPDATES

  • This field is for validation purposes and should be left unchanged.

CalBRE#01737387  •  sitemap   •   admin   •   ©2023 All Rights Reserved  •  Real Estate Website Design by IDXCentral.com


Cleantalk Pixel