14,904 Homes Sold Yesterday… Did Yours?

Tony Meier & Team. 37 years. 789 closed sales. $239M+ in closed volume since 2020.

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.

Thinking about a move on the Eastside?

Tony Meier & Team has closed 789 residential transactions with $239M+ in volume since 2020. Whether you are six months out or just curious about your home’s value, we would be glad to help you think it through.

Tony Meier & Team

37 years experience. 789 closed sales. English Hill resident since 2001. 213 sales serving the English Hill Area.

425-466-1000  |  tony@eastsidehomes.com  |  EastsideHomes.com

Contact Us

Tony Meier & Team
Windermere Northeast
11411 NE 124th St #110, Kirkland WA 98034
425-466-1000
tony@windermere.com

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