The real estate market in Midland is thriving – and that may mean it’s the perfect time for you to sell your home. Here’s what you need to know if you’ve been on the fence about putting your house on the market.
Why NOW is the Perfect Time to Sell Your Home in Midland
Right now, conditions are good for sellers to put a house on the market. That’s because:
- There’s high buyer demand
- Inventory is low
- You may be able to sell quickly (and with fewer concessions)
Here’s a closer look at each.
High Buyer Demand for Homes for Sale in Midland
Though there are no guarantees in real estate, the fact is that there’s high demand for homes for sale in Midland right now. A lot of buyers are looking for fresh spaces, particularly after working from home and doing distance learning for the past year has made people feel cramped.
But just because buyers are actively looking for homes now, that doesn’t mean they will be next year at this time. In fact, it doesn’t even mean that as many people will be in the housing market once the weather starts to cool down. The old saying “Strike while the iron is hot” applies to real estate, too, so if you’ve been considering listing your house for sale, you should call our office to talk about your options.
Related: What’s the most accurate home value website?
Low Home Inventory in Midland
Fewer people are selling their homes, which means the inventory is low. And because demand is high, that puts sellers in a unique position. When real estate market conditions are like this, sellers have a few advantages – and one of them is that multiple buyers want to compete for good houses.
In some cases, low inventory and a high number of buyers leads to things like bidding wars, where sellers get to pick and choose between the buyers who submit the best (and sometimes highest) offers.
Related: The best house-showing tips for sellers
Selling Your Home Quickly is a Distinct Possibility
Business deadline. Time passing. Time-limit. Urgency and running out of time. Hourglass on wooden surface, copy space
When inventory is low and there’s high buyer demand for Midland homes for sale, houses tend to sell quickly. Buyers put in their best offers right off the bat, and sometimes they’re willing to offer over asking price just to have a chance at being considered for a home. If a seller is flooded with great offers in the first week or two after listing a home, they can choose the best of the bunch and start moving forward with the sale quickly.
Related: 5 great bathroom improvements that can help you sell your home
Are You Buying or Selling a Home in Midland, Texas?
Use our site to search homes for sale in Midland and all of our surrounding areas. Unlike the “big name” sites out there, our site is directly connected to our local MLS and is updated faster. By creating a property manager account you can stay on top of the newest homes for sale and get price change alerts so you can stay ahead of other buyers and beat them to the best deals!
In the meantime, check out these 1-click searches:
Leave A Comment
You must be logged in to post a comment.