• Skip to primary navigation
  • Skip to content
  • Skip to primary sidebar
  • Skip to footer

Christina MacPhee

  • Home
  • About
    • Blog
    • Testimonials
  • Communities
    • Agoura
    • Calabasas
    • Camarillo
    • Malibu
    • Moorpark
    • Newbury Park
    • San Fernando Valley
    • Simi Valley
    • Thousand Oaks
    • Westlake Village
  • MLS Search
  • Featured Listings
  • Solds
  • Resources
    • Buyers
    • Golf Courses
    • School Ratings
    • Sellers
    • Staging
    • Utilities
    • Moving
    • Mortgage Calculator
    • Food & Wine
  • Get In Touch

Blog / September 5, 2017

14,904 Homes Sold Yesterday… Did Yours?

14,904 Homes Sold Yesterday… Did Yours? | Simplifying The Market

There are some homeowners who are patiently waiting to get the price they hoped for when they originally listed their houses for sale. Something these homeowners might want to take into consideration is the fact that if their homes haven’t sold yet, maybe they’re not priced properly.

After all, 14,904 houses sold yesterday, 14,904 will sell today, and 14,904 will sell tomorrow.

14,904!

This is the average number of homes that sell each and every day in this country, according to the National Association of Realtors’ (NAR) latest Existing Home Sales Report. NAR reported that sales are at an annual rate of 5.44 million. Divide that number by 365 (days in a year) and we can see that, on average, over 14,904 homes sell every day.

The report from NAR also revealed that there is currently only a 4.2-month supply of inventory available for sale (6-months inventory is considered ‘historically normal’).

This means that there are not enough homes available for sale to satisfy all of the buyers who currently are out in the market in record numbers.

Bottom Line

We realize that you want to get the fair market value for your home. However, if it hasn’t sold in today’s active real estate market, perhaps you should reconsider your current asking price.

Powered by WPeMatico

Filed Under: Blog

Primary Sidebar

Contact Us

Footer

CONTACT

971 S. Westlake Blvd, Suite 100, Westlake Village, CA 91361

Call: 805-231-6880

Email: ChristinasHomes4Sale@gmail.com

About

We are award-winning Realtors and have worked hard to earn the respect of our clients and colleagues.

CONNECT

  • Facebook
  • Instagram
  • LinkedIn
  • Twitter

Copyright © 2021 · Powered by 29doors