Is Your Home Sitting on the Market Too Long? Here’s Why You Shouldn’t Pull the Listing Yet
Has your home been on the market longer than you’d hoped? If so, you’re likely feeling the frustration. Maybe you’re even considering pulling your listing and waiting for 2025. But before you make that call, it’s important to know that hitting pause could actually end up costing you. Here’s why staying the course might be the smarter move.
Other Sellers Are Pulling Back—But Should You?
Recent data from Altos Research shows an increasing number of sellers are withdrawing their listings—meaning more people are opting out of the market right now. This seasonal shift is fairly typical as fall approaches.
Housing markets often experience a dip in activity this time of year, with some sellers deciding to wait for the new year before relisting. As Mike Simonsen, Founder of Altos Research, notes:
“We’re seeing a more normal seasonal pattern with inventory beginning to decline. Many sellers are withdrawing their listings to try again next year. In fact, for every two homes sold, another listing is pulled off the market.”
But is joining the wave of withdrawals really a smart move? While it might seem like pulling your listing is a safe bet, here’s why it could be a missed opportunity.
Fall Buyers Are Serious and Ready to Act
The top reason to keep your home on the market? The buyers searching right now aren’t just browsing—they’re serious about buying.
Many have been waiting on the sidelines for more affordable conditions. Now, with mortgage rates dipping from recent highs, they’re eager to make their move. We’re already seeing a rise in mortgage applications, a strong signal that more buyers are gearing up to purchase. And because they’ve waited so long, their urgency is even higher than usual for this time of year.
These aren’t casual shoppers. They’re motivated, ready-to-buy individuals who want to close quickly—just the kind of buyer you want. As Freddie Mac explains:
“During the fall, serious buyers are eager to settle into a new home before the holiday season and winter weather arrive.”
By keeping your home on the market, you’re increasing your chances of attracting these motivated buyers.
The Bottom Line
While some sellers are choosing to take their homes off the market, doing so now might not be the best strategy. With serious buyers eager to act, this could be the perfect moment to sell your house. Let’s connect and build a winning strategy to get your home sold.