What Is the Average Time to Sell a House in Phoenix?
How long does it takes to sell a home? Learn the average time to sell a house in Phoenix and the factors that speed up or slow down the sale.
If you’re a homeowner in Phoenix contemplating selling your house, one of the most important concerns you initially have is, “How long will it take to sell my house?” You naturally wonder about the average time to sell a house in Phoenix.
It’s a critical question that can impact your planning, financial decisions, and future housing arrangements.
In this post, we’ll look at how long it usually takes to sell a house in Arizona’s Urban Heart and which factors affect that timeline. We’ll also share tips to help you sell faster.
Consult With a Top-Performing Phoenix Agent
It takes just two minutes to match you with the top-performing real estate agents in your Phoenix market. Our data shows that the top 5% of agents in the U.S. sell homes quicker and for as much as 10% more than the average agent.
What’s the average time to sell a house in Phoenix?
When you consider selling your home, knowing how long it might sit on the market can significantly influence your plans and decisions. This period, commonly referred to as Days on Market or DOM, is a crucial metric to understand.
According to aggregate data from multiple real estate platforms, the average DOM for homes that have sold in the Phoenix metropolitan area is around 48 days.
Joe Bourland, a top-performing agent with 24 years of experience who works with over 65% more single-family homes than the average Phoenix agent, explains, “If a house is positioned correctly in the market, it will sell weeks earlier than a house that isn’t.”
This vital insight underscores the role of a robust selling strategy in minimizing DOM and speeding up your home’s sale. However, as Bourland rightly points out, “Real estate is hyper-local and specific to each house.”
This statement is a reminder that each home’s DOM can vary based on numerous factors, from location and price to property condition and market trends.
Timing can also play a role in how fast your Phoenix home sells.