Leave a Message

Thank you for your message. We will be in touch with you shortly.

The Best Time To Sell Your House Is When Others Aren’t Selling

May 11, 2023

Real Estate Tips

The Best Time To Sell Your House Is When Others Aren’t Selling

If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm.

Looking back at every April since 2017, the only year when fewer sellers listed their homes was in April 2020, when the pandemic hit and stalled the housing market (shown in red in the graph below). In more typical years, roughly 500,000 sellers add their homes to the market in April. This year, we saw fewer than 400,000 sellers entering the market in April (see graph below):

While there are a number of factors contributing to this trend, one thing keeping inventory low right now is that some homeowners are reluctant to move when the mortgage rate they have on their current house is lower than the one they could get today on their next house. It’s called rate lock.

As a recent survey from Realtor.com explains56% of people who are planning to sell in the next 12 months say they’re waiting for rates to come down.

While this wait-and-see approach is right for some sellers, it also creates an opening for more eager sellers to jump in now.

If your current house truly doesn’t fit your needs anymore and you’re ready to move, don’t miss this chance to stand out. When fewer sellers are putting their homes up for sale, buyers will have fewer options, so you set yourself up to get the most eyes possible on your house. That’s why your house could see multiple offers as buyers compete over the limited supply of homes for sale – especially if you price it right.

As Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says:

“Inventory levels are still at historic lows . . . Consequently, multiple offers are returning on a good number of properties.”

Bottom Line

If you’re ready to sell now, beat the competition before it comes onto the market. If you do, your house should stand out and could get multiple offers. Partner with a real estate professional to get your house on the market.

 

(2023, May 11). The Best Time To Sell Your House Is When Others Aren’t Selling. The Impact of Inflation on Mortgage Rates. https://www.keepingcurrentmatters.com/2023/05/11/the-best-time-to-sell-your-house-is-when-others-arent-selling/

Explore Our Other Blogs

Stay Updated On Our Most Recent Blog Posts

Unlock Hidden Value Why Hyperlocal Expertise in Evergreen & Silver Creek Transforms Your San Jose Real Estate Experience

Real Estate

Unlock Hidden Value Why Hyperlocal Expertise in Evergreen & Silver Creek Transforms Your San Jose Real Estate Experience

Brian Ng  |  June 20, 2025

Unlock Hidden Value Why Hyperlocal Expertise in Evergreen & Silver Creek Transforms Your San Jose Real Estate Experience
From Hesitation to Home Run: Your Step-by-Step San Jose Real Estate Roadmap for Evergreen & Silver Creek

Real Estate

From Hesitation to Home Run: Your Step-by-Step San Jose Real Estate Roadmap for Evergreen & Silver Creek

Thao Dang Pham  |  June 19, 2025

From Hesitation to Home Run: Your Step-by-Step San Jose Real Estate Roadmap for Evergreen & Silver Creek
Beware These Red Flags: Picking a San Jose Realtor You Can Truly Trust with Your Evergreen & Silver Creek Portfolio

Real Estate

Beware These Red Flags: Picking a San Jose Realtor You Can Truly Trust with Your Evergreen & Silver Creek Portfolio

Brian Ng  |  June 18, 2025

Beware These Red Flags: Picking a San Jose Realtor You Can Truly Trust with Your Evergreen & Silver Creek Portfolio
Overwhelmed by San Jose Listings? How Block Change RE Sharpens Your Evergreen & Silver Creek Vision

Buyer's Real Estate Tips

Overwhelmed by San Jose Listings? How Block Change RE Sharpens Your Evergreen & Silver Creek Vision

Thao Dang Pham  |  June 17, 2025

Overwhelmed by San Jose Listings? How Block Change RE Sharpens Your Evergreen & Silver Creek Vision
Trust Your Instincts: How to Spot a Truly Trustworthy Realtor for Your San Jose, Silver Creek & Evergreen Assets

Seller's Real Estate Tips

Trust Your Instincts: How to Spot a Truly Trustworthy Realtor for Your San Jose, Silver Creek & Evergreen Assets

Brian Ng  |  June 16, 2025

Trust Your Instincts: How to Spot a Truly Trustworthy Realtor for Your San Jose, Silver Creek & Evergreen Assets
Is Your San Jose Property an Asset or a Liability? A Realtor’s Portfolio Review for Evergreen & Silver Creek

Real Estate

Is Your San Jose Property an Asset or a Liability? A Realtor’s Portfolio Review for Evergreen & Silver Creek

Brian Ng  |  June 13, 2025

Is Your San Jose Property an Asset or a Liability? A Realtor’s Portfolio Review for Evergreen & Silver Creek

Let's Talk

You’ve got questions and we can’t wait to answer them.

FOLLOW US ON INSTAGRAM