When it comes to today's market, one major thing to think about is how many homes are up for sale. And if you're debating whether or not to put your house on the market, that's actually a really good thing. With the low inventory of houses available, yours will really catch attention, especially if you set the right price.

It seems like more homes are going up for sale lately. The latest data shows that there's an increase in new listings (which means homeowners who are selling their houses). This is worth paying attention to because it could have some implications for you. Let's take a closer look at why this is important and what it could mean for you.

More Homes Are Coming onto the Market than Usual

As we all know, the busiest time in the housing market every year is during the spring buying season. That's when we see a lot of new homes being listed for sale. Sellers are well aware of this trend and they prepare themselves for the months when buyers are most active. However, once the school year starts and the holidays are just around the corner, things tend to cool down a bit. It's completely normal and something we expect to happen.

You know what's interesting? According to the latest info from Realtor.com, we're seeing more sellers listing their houses later in the year than usual. It's not the usual trend to see a peak like this so late in the year. I've included a graph below that shows both the normal seasonal patterns and the unusual surge in August.

““While inventory continues to be in short supply, August witnessed an unusual uptick in newly listed homes compared to July, hopefully signaling a return in seller activity heading toward the fall season . . .””

— Realtor.com

I've been looking at the numbers and I gotta say, this past month has been quite interesting. I mean, it's not every day that we see these kind of figures. Now, I don't want to jump to any conclusions just yet because it's still too early to tell if this pattern will keep going. But hey, if it does, it's definitely something you should be aware of and keep an eye on. It's always good to stay ahead of the game, right?

What This Means for You

If you've been holding back on selling your house, now might just be the perfect time to go for it. Why, you ask? Well, here's the deal. If you wait any longer, you might find yourself facing more competition. See, if this trend keeps up, more and more people will be putting their homes up for sale, which means you'll have to fight for buyers' attention. Imagine having to share the spotlight with your neighbor when it comes to attracting potential buyers. But if you take the plunge now, you can beat them to the punch and grab those buyers' attention before they even get a chance. So why wait? It's time to make your move!

Hey there! So, even though there are more homes being listed for sale right now, the truth is that we still have way fewer homes available than what's considered normal. And let me tell you, this shortage of inventory isn't going away anytime soon. To help you understand the situation better, take a look at the graph below. It'll really give you a clear picture of the current scenario and show you the opportunities that are still up for grabs.

Bottom Line

I know the inventory is pretty sparse right now, but trust me, you don't wanna hang around waiting for more competition to show up in your neighborhood. Selling your house today is a golden chance you don't wanna miss out on. Let's chat and discover all the amazing perks of selling now before more homes flood the market.