Hire A ProfessionalLuxury HomesMoney TalkSelling Your Home October 23, 2024

How Long Will It Take To Sell Your House?

As you’re preparing to sell your house in Cincinnati or Northern Kentucky, one of the first questions on your mind is likely, “How long will it take to sell?” That’s an important question, as it helps set expectations for the process ahead.

While real estate markets vary, understanding national trends provides a useful starting point. However, to get a clearer picture of what’s happening specifically in Cincinnati and Northern Kentucky, it’s crucial to work with an experienced local real estate agent. A local agent will give you a detailed look at real estate conditions in your area and explain how they compare to national trends.

Here’s a look at what a great agent can help you understand during that conversation:

### More Homes Are Hitting the Market, Impacting Sale Timelines
According to Realtor.com, the number of homes for sale has increased throughout the year. This is great news for buyers since there are more properties to choose from. However, for sellers in the Cincinnati and Northern Kentucky real estate markets, this means homes are staying on the market a bit longer.

a graph of blue bars

One reason homes sold so quickly in recent years was the low inventory, which is now starting to rise. With more houses available, the pace of home sales is slowing down slightly. Currently, Realtor.com reports it takes an average of 55 days for a home to go from listing to closing.

But it’s important to remember that while homes may not sell as fast as last year, they’re still moving quicker than during the pre-pandemic years. For example, from 2017 to 2019, it often took over 60 days for homes to sell. So, today’s housing market is still faster than what was once considered normal.

Even with more homes on the market, demand continues to outpace supply, especially in high-demand areas like Cincinnati and Northern Kentucky. That means homes that are priced correctly and show well are selling quickly. As NerdWallet puts it:

“Overall, though, demand still outpaces supply. This is hardly a mellow market: Good homes sell quickly . . .”

### Your Agent Will Help Your Home Stand Out
If you want your home to sell quickly in today’s competitive real estate market, working with a knowledgeable local agent is key. A Cincinnati or Northern Kentucky real estate expert can help you set the right price, stage your home for maximum appeal, and create a tailored marketing plan to attract buyers. With insights into what’s happening in the local real estate market, your agent will guide you on how to make the process as smooth and fast as possible.

While homes may take a little longer to sell, they are still moving faster than in previous years. With the right strategy and a top-notch agent, your home could sell faster than you anticipate.

### Bottom Line
If you’re planning to sell your home in Cincinnati or Northern Kentucky, understanding how long it might take is essential for planning your next steps. By partnering with a local real estate expert, you’ll have the knowledge and tools to price, market, and sell your home confidently in today’s dynamic real estate market.