April 06, 2021 at 2:22pm | Alice Siegel

What It Means To Be in a 
Sellers’ Market

What It Means To Be in a Sellers’ Market | MyKCM

If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this season is the ultimate sellers’ market and the optimal time to make sure your house is available for buyers who are looking for homes to purchase.

The latest Existing Home Sales Report from The National Association of Realtors (NAR) shows the inventory of houses for sale is still astonishingly low, sitting at just a 2-month supply at the current sales pace.
Historically, a 6-month supply is necessary for a ‘normal’ or ‘neutral’ market in which there are enough homes available for active buyers (See graph below):
What It Means To Be in a Sellers’ Market | MyKCM
When the supply of houses for sale is as low as it is right now, it’s much harder for buyers to find homes to purchase. As a result, competition among purchasers rises and more bidding wars take place, making it essential for buyers to submit very attractive offers.
As this happens, home prices rise and sellers are in the best position to negotiate deals that meet their ideal terms. If you put your house on the market while so few homes are available to buy, it will likely get a lot of attention from hopeful buyers.
Today, there are many buyers who are ready, willing, and able to purchase a home. Low mortgage rates and a year filled with unique changes have prompted buyers to think differently about where they live – and they’re taking action. The supply of homes for sale is not keeping up with this high demand, making now the optimal time to sell your house.

Bottom Line

Home prices are appreciating in today’s sellers’ market. Making your home available over the coming weeks will give you the most exposure to buyers who will actively compete against each other to purchase it.  


Check out our FREE Market Evaluation Report and find out your home is worth!  
 Let’s connect today to discuss the options that are best for you.  
Watermark Real Estate Group: 843-989-0065


The 🗝 key to selling your house is to price it just right. 
Thinking about selling but worried about the tenants, cleaning, hassle, timing or expense?
Call to get details about our 4 NEW Seller Programs
     1. Sell WITHOUT Showing!
     2. 40 Days to Contract or You're Free!
     3. Lots of Variable Commission Options
     4. Sell and Stay In Your Home, till you Find a New HOME!



Let's Connect Today!  📲
Radha Herring | 843-989-0065
rherring@watermarkagents.com
#ShopLocal #SellLocal
Buy with Confidence | Sell with Success







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