#1 Reason to List Your House for Sale, NOW!

#1 Reason to List Your House for Sale, NOW! | Simplifying The Market

If you are debating listing your house for sale this year, here is the #1 reason not to wait!

Buyer Demand Continues to Outpace the Supply of Homes for Sale 

The National Association of REALTORS’ (NAR) Chief Economist Lawrence Yun recently commented on the inventory:

Last month’s dip in closings was somewhat expected given that there was such a strong sales increase in March at 4.2 percent, and new and existing inventory is not keeping up with the fast pace homes are coming off the market.

Demand is easily outstripping supply in most of the country and it’s stymieing many prospective buyers from finding a home to purchase”.

The latest Existing Home Sales Report shows that there is currently a 4.2-month supply of homes for sale. This remains lower than the 6-month supply necessary for a normal market, and 4.6% lower than a year ago.

The chart below details the year-over-year inventory shortages experienced over the last 12 months:

 

#1 Reason to List Your House for Sale, NOW! | Simplifying The Market

Anything less than a six-month supply is considered a “seller’s market.”

Bottom Line

Let’s get together and discuss the supply conditions in your neighborhood to be able to assist you in gaining access to the buyers who are ready, willing and able to buy now!  Give me a call – J.P. Cook – 602-320-4253.

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14042 N 92nd Avenue Peoria, AZ 85381

$458,900
3 Beds
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2,038 SqFt
Status Active
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Property Type Single Family Residence
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Beautiful home with very little maintenance. Freshly Painted inside and out. New carpet. New kitchen sink and dishwasher and Microwave. The countertops in the Kitchen resurfaced. Inviting fireplace in the family room. Bonus room between two Bedrooms. Could be an office, or playroom. Basketball playcourt in the back. Beautiful fenced pool. Prime location, close to P83, and has amazing restaurants. Sports Facilities. Medical Facilities, and Great schools. Local to Westgate, State Farm Stadium, Spring training, Peoria Sports Complex. Arrowhead Shoping mall. Rio Vista Community Park along with hiking and bike paths. For fun in the sun, boating and water crafts Lake Pleasant is 10 miles away! Very Desirable and sought out Neighborhood. This home will go fast, dont miss out !

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$458,719
3 Beds
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2,051 SqFt
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Stunning mountain and valley views from this 3bed+/2bath 2051sqft home in the popular Kings Ranch community. Lots of natural light in the open concept kitchen complete with white painted cabinetry, quartz countertops, stainless steel appliances, and tile backsplash. Wood look tile throughout living areas with upgraded carpet in the bedrooms. Plumbed for soft water & tub sink in garage, can lighting throughout, and prepped for landscaping irrigation w/ timer. Energy Star and Environments for Living Certified home.

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Property Type Single Family Residence
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$458,500
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Stunning full industrial modern townhome renovation! No expense spared on this one. Brand new kitchen with ceiling raised to 8'. Shower added to convert to 2 full bathrooms. Laundry moved upstairs. Polished concrete flooring on 1st floor with exposed CMU block wall. LED accent strip lighting throughout. WIFI light switches so you can control your lighting from your devices. The backyard was also updated. New wood fencing to create a warm ambiance, along with new cacti and rocks against a black accent wall. This home will not disappoint!

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