Don’t Wait to Sell Your Boston Home

Are you in the market to sell your Boston home? Recently released data from the National Association of Realtors (NAR) suggests that now is a great time to sell your home. The concept of supply and demand reveals that the best price for an item is realized when the supply of that item is low and the demand for that item is high. So how does that apply to the Boston real estate market?

SUPPLY.  It is no secret that the supply of homes for sale has been far below the number needed to sustain a normal market for over a year at this point. A normal market requires six months of housing inventory to meet the demand. The latest report from NAR revealed that there is currently only a 3.6-month supply of houses on the market.

DEMAND.  A report that was just released tells us that demand is very strong. The most recent Foot Traffic Report from NAR disclosed that “foot traffic grew 10.5 points to 52.4 in March as the new season approaches.” That is a lot of new Boston homebuyers!

Bottom Line.  Waiting to sell will only increase the competition between you and all the other sellers putting their houses on the market later this summer. If you are debating whether to list your home, contact a local Boston real estate professional who can explain the conditions in your market.

If you are concerned about entering the market, have no fear – a Boston, MA real estate agent is your best asset to accomplish your real estate goals and more. If you’d like to dramatically increase the chances that your home sells, you should list your home with a Boston expert. As a real estate professional, I am an expert in our area and will know exactly what needs to be done to get your home sold quickly and for top dollar. Make your home selling experience an educated one. Please contact a Boston, MA real estate agent today to start the process.

Lucas Garofalo

Keller Williams Realty

(617) 861-3631

Lucas@LucasBostonHomes.com

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