The Seller's Advantage: Unveiling Today's Housing Supply Dynamics

Wondering if it still makes sense to sell your house right now? The short answer is, yes. And if you look at the current number of homes for sale, you’ll see two reasons why.

An article from Calculated Risk shows there are 15.6% more homes for sale now compared to the same week last year. That tells us inventory has grown. But going back to 2019, the last normal year in the housing market, there are nearly 40% fewer homes available now.

Here’s a breakdown of how this benefits you when you sell.

1. You Have More Options for Your Move

Are you thinking about selling because your current house is too big, too small, or because your needs have changed? If so, the year-over-year growth gives you more options for your home search. That means it may be less of a challenge to find what you’re looking for.

So, if you were holding off on selling because you were worried you weren’t going to find a home you like, this may be just the good news you needed. Partnering with a local real estate professional can help you make sure you’re up to date on the homes available in your area.

2. You Still Won’t Have Much Competition When You Sell

But to put that into perspective, even though there are more homes for sale now, there still aren’t as many as there’d be in a normal year. Remember, the data from Calculated Risk shows we’re down nearly 40% compared to 2019. And that large a deficit won't be solved overnight. As a recent article from Realtor.com explains:

“. . . the number of homes for sale and new listing activity continues to improve compared to last year. However the inventory of homes for sale still has a long journey back to pre-pandemic levels.”

For you, that means if you work with an agent to price your house right, it should still get a lot of attention from eager buyers and could sell fast.

Bottom Line

If you're a homeowner looking to sell, now's a good time. You'll have more options when buying your next home, and there's still not a ton of competition from other sellers. If you’re ready to move, let’s connect to get the ball rolling.

350 Properties
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Open 7/20
317 Palmaria Ct Nokomis,  FL 34275
$569,000
Neighborhood: Vicenza Ph 1
3
Beds
2
Baths
1,757
Sq.Ft.
2022
Year Built
2
Days on Site
A4617266
MLS
Open 7/21
613 Mistiflower CIRCLE Nokomis,  FL 34275
$995,000
Neighborhood: Venice Woodlands Ph 1
4
Beds
3
Baths
2,594
Sq.Ft.
2021
Year Built
2
Days on Site
N6133788
MLS
$419,000
Neighborhood: Sorrento Inlet Ph 5
3
Beds
2F11/2
Baths
1,721
Sq.Ft.
1982
Year Built
2
Days on Site
A4617754
MLS
$389,000
Neighborhood: Nokomis
2
Beds
2
Baths
1,354
Sq.Ft.
1953
Year Built
2
Days on Site
A4617753
MLS
$3,880,000
Neighborhood: Sorrento South
4
Beds
3F11/2
Baths
4,543
Sq.Ft.
1968
Year Built
2
Days on Site
A4584688
MLS
$680,000
Neighborhood: Cielo
3
Beds
2
Baths
2,028
Sq.Ft.
2021
Year Built
3
Days on Site
A4617421
MLS
Open 7/20
5588 Cantucci St Nokomis,  FL 34275
$799,000
Neighborhood: Bellacina By Casey Key
3
Beds
3
Baths
2,346
Sq.Ft.
2016
Year Built
3
Days on Site
N6133866
MLS
$975,000
Neighborhood: Nokomis
4
Beds
4
Baths
2,950
Sq.Ft.
1956
Year Built
4
Days on Site
O6224243
MLS
$114,900
Neighborhood: Nokomis Manor Natures Park
3
Beds
2
Baths
1,488
Sq.Ft.
1965
Year Built
4
Days on Site
O6224361
MLS
Open 7/21
135 Shady Pine Ln Nokomis,  FL 34275
$435,000
Neighborhood: Laurel Pines
3
Beds
2
Baths
1,442
Sq.Ft.
1986
Year Built
4
Days on Site
A4617443
MLS
$603,084
Neighborhood: Vistera Of Venice
3
Beds
2
Baths
2,131
Sq.Ft.
2024
Year Built
4
Days on Site
T3542337
MLS
$700,000
Neighborhood: Vicenza Ph 1
3
Beds
2F11/2
Baths
2,237
Sq.Ft.
2020
Year Built
4
Days on Site
N6133826
MLS

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