Three critical factors that determine how long it takes to sell your home.

One of the most common questions we get from sellers as they prepare to list their homes is, “How long will it take my house to sell?” If you’re selling in the Twin Cities Metro area, the average days on market is 40 days which is a slight increase from last year's 37-day average. However, this number can change dramatically based on how you prepare your property for sale. Here are the three main factors that influence how quickly your home sells:

1. Price. Pricing your home correctly is essential to a successful home sale. Homes priced too high tend to stagnate on the market, regardless of their location or condition. A thorough market analysis will help ensure your home is priced competitively and attractively.

2. Location. Location significantly impacts how fast a home sells. Different areas within the Twin Cities perform differently, making the market highly dynamic and varied. It’s important to get a detailed market analysis specific to your location to understand how it affects your home's sale time.

“Your initial price is more than just a number; it’s the first part of your marketing strategy.””

3. Condition. First impressions are crucial, and the condition of your home plays a major role in attracting buyers. Homes in the best condition tend to sell faster. Investing time and effort in preparing your home can significantly shorten the time it spends on the market.

Given the current market dynamics, it’s vital to get a comprehensive market analysis for your property. This analysis will provide insights into the ideal pricing and expected days on market based on your home’s unique characteristics and location.

If you're considering selling your home, call us at (651) 998-9829 for a complimentary, no-obligation second opinion on your property's value and sale timeline. We look forward to assisting you!