What is the average time to sell an Ocala house in 2024? If you’re thinking about selling your home sometime this year, it’s important to understand how long the process could take. That way, you can decide on the best timeline for your needs.
In this post, our realtors at Your Home Sold Guaranteed Realty - Coldwell Real Estate Services will discuss how long it takes to sell a home in Ocala and which factors determine how long the process takes.
Key Takeaways:
- Homes in Florida sell in 30 to 56 days, including being listed on the market, getting an offer from buyers, and going through the closing process.
- In recent months in Ocala, most homes spent 60 to 74 days on the market before going pending, not including the closing process. The hottest homes go pending in as fast as 14 days.
- A home’s location determines how much interest it gets from buyers and as a result, how soon it gets an offer. Homes in highly desirable areas with low crime rates and good schools sell fast.
What is the Average Time to Sell an Ocala House in 2024?
In the U.S., homes take anywhere from 55 to 70 days to sell. This includes about 25 days spent on the market and around 30 to 45 days for the closing period
So far in 2024, homes in Florida sell faster compared to the national average. Homes in the state sell in 30 to 56 days, including being listed on the market, getting an offer from buyers, and going through the closing process.
In recent months in Ocala, most homes spent 60 to 74 days on the market before going pending, not including the closing process. The hottest homes go pending in as fast as 14 days.
What Factors Determine How Long a Home Takes to Sell?
- Location: A home’s location determines how much interest it gets from buyers and as a result, how soon it gets an offer. Homes in highly desirable areas with low crime rates, good schools, amenities like parks, and convenient access to necessities like grocery stores and transportation centers spend less time on the market.
- Listing Price: Buyers will overlook homes that are priced too high. The longer overpriced homes spend on the market, the less interest it will get because buyers will start to wonder what’s wrong with it. Eventually, the price will need to be significantly lowered or the home may have to be pulled from the market entirely.
- Property Condition: Well-maintained, move-in ready homes sell faster than those in need of significant repairs. Make sure your home is appealing to buyers and doesn’t have any major defects.
- Market Conditions: In a buyer’s market, homes spend more time on the market because there’s more inventory and lower demand. This scenario gives buyers more leverage over sellers. In a seller’s market, homes sell faster because there is high demand and low supply. This gives sellers the upper hand in the transaction.
- Marketing Strategies: The marketing strategies you use to get your home in front of buyers can make all the difference in how long your home spends on the market. Homes that are marketed extensively through online listings, social media, open houses, flyers, and direct mail, are more likely to attract interested buyers and sell faster.
- Type of Buyer: Cash transactions lead to a faster home sale than traditionally-financed transactions. This is because cash buyers don’t need to spend time meeting a lender’s requirements, so they can finish the closing process much faster.
Sell an Ocala House Fast with Scott Coldwell
If you’re planning to sell in Ocala, Florida, Scott Coldwell and our real estate team at Your Home Sold Guaranteed Realty - Coldwell Real Estate Services are the best choice. Our experience, high-quality customer service, and in-depth knowledge of the local housing market are only some of the reasons we’re ranked as the top realtor in Ocala.
On average, we sell homes 48% faster and for 2.4% more money than our competitors. Plus, with our seller guarantees such as our Guaranteed Sale Program, you can ensure a risk-free home-selling experience.
Contact us today at 352-290-3512, send a message to [javascript protected email address], or use the form on this page to learn more about working with our team.
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