Why Some Homes Sell Quickly While Others Sit...

by Tim Desmarais

The Market Has Changed . . .

Here's why Pricing Matters More than Ever ...

Not long ago, many homes were selling within days of hitting the market. Multiple offers were common, buyers competed aggressively, and sellers often had the luxury of pricing on the high side.

Today's market is different.

Homes are still selling, but they're taking a little longer, buyers have more choices, and pricing has become one of the most important factors in determining how successful your sale will be.

That isn't bad news. It's simply a different market that requires a different strategy.

More Inventory Means More Competition

One of the biggest changes we're seeing is an increase in available homes for sale. Buyers no longer feel the urgency they did a year or two ago because they have options.

When several similar homes are available, buyers naturally compare them based on price, condition, location, and overall value. If your home is priced above comparable properties, many buyers won't even schedule a showing.

The First Few Weeks Matter Most

When a home first comes on the market, it receives the most attention from buyers who have been waiting for something new.

If the price isn't aligned with today's market, those buyers often move on to the next listing. Once a home sits for several weeks, buyers begin asking themselves the same question:

"What's wrong with it?"

Unfortunately, by the time a price reduction happens, much of that initial excitement has already passed.

Pricing Right Doesn't Mean Pricing Low

Many sellers worry that pricing accurately means leaving money on the table. In reality, the opposite is often true.

A well-priced home attracts more qualified buyers, generates more showings, and creates stronger interest. In some cases, that increased demand can even lead to multiple offers.

An overpriced home, on the other hand, often sits longer, requires price reductions, and may ultimately sell for less than it would have if it had been priced correctly from the beginning.

Every Home Is Different

Online estimates and neighborhood sales can provide a starting point, but they don't tell the whole story.

Features like updates, lot size, floor plan, condition, location, and buyer demand all influence a home's value. That's why a personalized pricing strategy is so important.

Thinking About Selling?

Whether you're planning to sell this month or sometime next year, understanding today's market is the first step toward making the right decisions.

The market hasn't disappeared—it has simply become more balanced. Sellers who price strategically, prepare their homes well, and market them effectively are still achieving excellent results.

If you're curious what your home could realistically sell for in today's market, I'd be happy to provide a no-obligation market analysis and discuss the best strategy for your specific home.

The right price on day one is still one of the most powerful tools a seller has.

Tim Desmarais

Tim Desmarais

Agent | License ID: 9514123

+1(603) 765-1965

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