Why Now is the Best Time to Keep Your House on the Market

Are you frustrated because your house has been on the market longer than expected? If you're considering pulling your listing and waiting until 2025, think again. The decision to take your home off the market could end up costing you. Here's why sticking with your current plan could be the smarter choice in today’s real estate market.

More Sellers Are Taking Their Homes Off the Market—Should You Do the Same?

According to recent data from Altos Research, the number of homes being withdrawn from the market is on the rise. As we move into fall, it's common for inventory to dip as some sellers delay listing until the new year. Mike Simonsen, Founder of Altos Research, explains:

"We're seeing a normal seasonal decline in inventory, with more home sellers withdrawing their listings and waiting for next year. For every two homes sold, one listing is being pulled from the market."

But does following this trend make sense for you? While it might seem logical to wait, here’s why this strategy may not be the best move in today’s housing market.

Serious Buyers Are Searching for Homes Now

The biggest reason to keep your home on the market is that the buyers who are active right now are highly motivated. These aren’t casual shoppers—they’re serious, ready-to-buy buyers.

After watching mortgage rates peak earlier this year, many buyers are now jumping back into the market as rates have started to decrease. Mortgage applications are increasing, signaling that more buyers are preparing to purchase. After holding off for so long, they’re more eager than ever to close a deal. These buyers are looking to lock in a home before the holidays and the winter season.

As Freddie Mac states:

"During the fall, serious homebuyers are eager to find a home before the holiday season and winter weather begin."

By keeping your house on the market, you're positioning yourself to attract these serious buyers who are ready to make a move.

Bottom Line

Although many sellers are taking their homes off the market, this is actually a prime time to sell. With committed buyers actively looking, you have the chance to sell your home quickly. Let’s connect to discuss a strategy that works best for you and ensures your home stands out in today’s competitive market.