Some homeowners have been waiting months to put their houses on the housing market because they don’t think people are buying homes. If that’s you, know that even though the housing market has slowed compared to the frenzy of a couple of years ago, it isn’t at a standstill.

Contrary to your belief, buyers are still active, and many homes sell.

According to the National Association of Realtors (NAR), just over 4 million homes will sell this year based on the pace of sales right now. With some simple math, let’s break down what that means for you:

4.16 million homes divided by 365 days in a year = 11,397 houses sell each day
11,397 divided by 24 hours in a day = 475 houses sell per hour
475 divided by 60 minutes in an hour = about 8 houses sell each minute

So, on average, about 11,000 homes sell each day in this country.

A real estate expert can give you more information about how many houses are being sold in your neighborhood, the fantastic advantages that sellers are experiencing right now, and the most important things buyers are searching for in your area.

Together, you’ll use this knowledge to shape how you market your house based on local trends.

Bottom Line.

If you’ve been waiting to sell because you don’t think there are buyers, know today’s housing market is active. Every day you wait, around 11,000 other homeowners are selling. In the time it took you to read this, eight homes sold.

When you’re ready to sell, contact the real estate agents at KM Realty Group LLC in Chicago, IL.