How Fast Can I Sell My House? It Can Take 75 Days or 12
If you need to sell your home pronto, you may be wondering if now is a good time. The recent housing market has taken a step back, steadily transitioning from the hot seller’s market of 2023 to a buyer’s market. Existing home sales in June 2024 dropped 5.4% year-over-year, according to the National Association of Realtors (NAR). Additionally, inventory is back on the rise at 4.1 months, an increase from 3.1 months in June 2023. The steady supply of inventory means you can anticipate slightly higher days on market (DOM).
So, just how fast can you sell your home? During a seller’s market like the one we had in the summer of 2023, a top real estate agent could help you find a buyer for your home in as few as 75 days from listing to closing. If you need to move even more swiftly than that, selling to an online direct buyer through a platform like HomeLight’s Simple Sale could take as little as 10 days.
In this article, we explain the factors that affect the momentum of a home sale with the help of Danielle Hernandez, a top real estate agent and team member with the Oldham Group in California’s Bay Area.
How it might take 12-75 days to sell your home
A traditional home sale in which a seller lists with an agent and a buyer finances with a mortgage takes approximately 18-30 days to go under contract, plus an additional 30-45 days to closing. This means, using the conventional process, you can generally sell your home in as little as 48-75 days.
If you need to move faster than that, consider selling for cash to a direct buyer. The Simple Sale process frees you of the hassle of staging your home and jumping through hoops for the buyer’s lender. You simply request a cash offer from fully vetted cash buyers. It generally takes a couple of days to come to an agreement with a buyer and as few as 10 days to close.
