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  • Writer's pictureSandra Bianco

Scared Of Selling your home? You Have Nothing to Fear...

Updated: Oct 24, 2023

Selling your home in Huntington, NY or on Long Island can be a daunting task, but you have nothing to fear. In fact, now is an excellent time to consider selling your home, given the current market conditions. This blog will explore the reasons why you should be confident in your decision to sell your home, and how the market is in your favor.

Scared of selling your home?

1. Your home will likely sell quickly. According to the National Association of REALTORS® (NAR) August 2023 Confidence Index, homes like in Long Island are typically selling in just 20 days. This statistic reflects the strong demand in the housing market, making it an ideal time for sellers. With homes moving so quickly, you can look forward to a smooth selling process. 2. Buyers will be competing for your home. In today's market, sellers are often receiving more than three offers on average, as reported by the same NAR survey. In some areas, this number can be even higher. Multiple offers provide sellers with the advantage of choosing the best scenario for their financial well-being. You can leverage this competitive environment to your benefit. 3. Buyers are qualified to move fast. Despite higher interest rates, first-time home buyers continue to enter the market, accounting for 29% of all sales. Additionally, all-cash offers make up 27% of sales, providing a diverse range of purchasing options. With qualified buyers ready to make fast decisions, you can expect a smoother sales process and potentially better offers. 4. Low Inventory The real estate market is currently experiencing low inventory levels, with a 14.1% decline in August 2023 compared to the same period last year. It will take just 3.3 months to move the current inventory level, well below the desired pace of 6 months. This limited inventory is expected to persist, leading to multiple offers and bidding wars, which can benefit you as a seller.

Conclusion:

Don't let fear hold you back from selling your home in Huntington, NY or on Long Island. The current market conditions are highly favorable for sellers, with quick sales, multiple offers, qualified buyers, and low inventory levels. You can confidently list your home knowing that the odds are in your favor. If you're spooked about making a move this season, reach out to a trusted real estate professional who can offer you peace of mind and guide you through the process. Carve out some time today and take the first step toward selling your home with confidence.

If you're considering buying or selling property in Long Island, NY , don't hesitate to reach out to Sandy.


Sandy is a Long Island, NY real estate agent for Compass. For more than 30 years she has worked very hard helping her clients meet their goals. Whether representing the buyer or the seller, she prides herself on being a focused listener and a skilled negotiator. She has built a career on repeat and referral clientele and many of her clients consider her part of their family. She is also a Premier Agent on Zillow. From Lloyd Harbor and Lloyd Neck, where she resides, to Cold Spring Harbor, Huntington, Syosset, Woodbury, Northport, and Dix Hills. Contact Sandy today to look search for homes for sale in Huntington, NY , or receive a home valuation. Your dream home in Huntington is just a call away!


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