San Diego Homeowners: How to Sell and Not Stall
January 8, 2018
Do you love your current San Diego home? Think there is absolutely no way you will ever leave? Despite how content you are in your San Diego house, there may be a time when your home needs to go on the market. San Diego homeowners thinking about selling want to know how long they can expect their house to be on the market. While 65 days is the average amount of time a house will sit, there are a variety of factors that can speed up or slow down the process.
Factors That Affect A Home Sale Timeline
The first factor that can determine how long your home sits on the market is location. If the market is hot, like San Diego, the house may sell in just a few weeks. If the location is not as popular, selling can take more than double that amount of time.
Price is the next factor. Homes that are less expensive generally sell faster because the pool of possible buyers is larger.
Inventory and the season you are listing also can have a big impact on the length of time your house sits on the market. If the inventory is low, your house will move faster because there is a lot of buyer competition. Sales can slow when the weather isn’t as desirable outside (although, San Diego is lucky to have such great weather).
Living in a desirable school district can make houses sell faster than in a district that has subpar schools. Homes in good school districts also usually get a higher price.
Lastly, the walkability factor can make San Diego neighborhoods and homes more desirable. A home that has access to public transportation will get picked up faster over houses that have limited access.
How to Speed Up the Process
Most of the factors listed above are beyond the control of San Diego homeowners but fortunately, there is a lot you can do to give your selling time a boost. The first is price it right. Competitive pricing is key for selling quickly. Being priced in the lower range might even spark a bidding war for your house!
Also, did you know that on average a staged home can sell up to 88% faster and for 20% more than a home that is not staged? Staging and decluttering can help buyers picture themselves inside the home, which in turn can lead to a faster sale.
Lastly, approaching your San Diego house with a critical eye and making repairs and improvements before listing can help to expedite the selling process. Take the time to finish the little projects you have been putting off over the years. You would be surprised how the little details can make a big difference in the length of time on the market and the selling price.
Are you ready to list your San Diego house now? Plan the projects to get done, work on staging, price competitively, and highlight the essential elements in your home’s listing. These key steps will help to expedite your selling process.