This Step Is ‘Really Important’ if You Plan to Sell Your Home in 2025

Ana Teresa Solá

Selling a home is more than just putting up a “for sale” sign.

Key factors include market conditions, home preparation, and pricing it right from the start. Otherwise, it may sit on the market and require price cuts later. Homes priced and marketed correctly often sell in weeks, while those overpriced can sit for months.

Here’s what to consider when selling, according to experts.

What’s Happening in the Housing Market

Home listings are increasing, giving buyers more options and creating a more competitive market for sellers.

For the week ending March 1, new listings rose for the eighth straight week, up 0.1% from the previous week. In February, for-sale inventory was 27.5% higher than a year ago, according to Realtor.com.

Homes are staying on the market longer, with the average listing at 66 days—five more than last February and the highest since 2020.

In February, 16.8% of listings had price reductions, the highest for the month since 2021. Fewer homes are selling above asking price (15% vs. 16% last year), and listings received an average of 2.6 offers, up from 2.1 in January but steady from last year.

How to Price Your Home Right

Research recent sales of comparable homes—similar in size, amenities, and condition—to set a competitive price.

Also, factor in how much equity you need to cover your next home’s down payment, closing costs, and moving expenses.

Online home price estimators can provide a rough idea of your home’s value using algorithms and public data. However, these estimates may not account for recent renovations or updates.

For a more precise valuation, consider hiring a professional appraiser or an experienced local real estate agent who knows your market well. “Hire an agent who knows your neighborhood like the back of their hand,” an expert advised.

For expert guidance, contact Shay Brunson at 678-744-8070 or shay@www.shaybrunson.com.