Everyone wants to sell their house as fast as possible, but that’s not always realistic. Sure, in a red hot seller’s market, properties can sell in as little as a few hours, but these instances are rare. Not to mention, today’s market conditions are much more balanced. Quality homes are in demand, but buyers just aren’t house hunting with the same degree of urgency they once were. 

So, how long does it take to sell a house in the current market? Unfortunately, no crystal ball can tell you exactly how long your house will be on the market. However, there are steps you can take to help you get your place sold as quickly as possible (and for a great price). 

In this blog, we’ll explore what a typical home sale timeline looks like in today’s market. We’ll also share a few tips on how you can boost your odds of a quick and seamless sale. Let’s get started. 

How Long Does it Take to Sell a House in Ontario?

When you boil things down, there are two parts to every home sale. Part one is everything you do leading up to listing. This includes things like hiring a real estate agent, cleaning, decluttering, making repairs, staging, and taking photos. Since you and your agent will be sharing the responsibilities of these steps, the time it takes to have your house market-ready is largely up to you. 

The second part of your home sale kicks off the moment it’s officially listed on MLS. From here, the timeline of your sale is more or less up to buyers and, by extension, the market. This may sound intimidating, but if you’ve properly prepared your home, you should have no problem impressing and enticing potential buyers. 

On the hunt for more home selling tips? Explore these blogs next!

• What Does it Cost to Sell a Home?
• How to Sell Your House Fast
• How Flexible Should You Be During Home Negotiations?

How Long Do Houses Stay on the Market?

If you’re curious about how long houses are spending on the market right now, it’s best to think locally. Ontario is a big place, and when it comes to real estate, every area follows its own path. 

Here’s an example. At Puckrin and Latreille, we work in a number of different communities across Durham Region and Kawartha Lakes. One month, we may see extra high demand in Prince Edward County, contributing to a short days on market (or DOM) number. However, the average DOM in nearby Hastings County for that same period could be much larger, simply because there are fewer buyers in that area. 

If you are looking at local market data, don’t overthink it. At the end of the day, these numbers are only a small snapshot of what’s happening on the ground. Your success is ultimately up to you. 

How to Speed Up Your Home Sale 

No matter what’s happening in the market, a great sale is always possible. So, rather than focusing on market trends or real estate headlines, it’s best to spend your time doing everything you can to get the best results possible when you sell. 

Here are a few tips to help you do just that. 

Get the Right Help

We’ve said it before: the most important detail of your home sale is your real estate agent. They’re not just a formality – your agent is the leader of your home sale. The person you hire will directly influence your final results, including how fast your place sells. 

Don’t Cut Corners

Sprucing up your house before it hits the market is essential. Right now, buyers have a lot of inventory to choose from, so you’ll want to take every step that you can to make sure you stand out from other listings. This takes time, but it’s an important part of a successful sale. 

Trying to cut corners by skipping certain preparations won’t help you sell any faster. In fact, it’s more likely to extend your timeline when all is said and done. 

Avoid Overpricing

One of the most common reasons why a house stays on the market for months on end (or doesn’t sell at all) is pricing. Your Realtor will make strategic recommendations on what your asking price should be. However, the final decision will be up to you. 

If you’ve done everything you can to make your home look great, but still aren’t getting any bites, it’s probably priced too high. 

Want more advice on selling your home? Check out these other blogs for important insights!

• Do I Need to Make Property Upgrades Before I Sell?
• How to Price a Home to Sell
• Attracting Relocators When Selling Your Durham Region or Kawartha Lakes Home

Your Ticket to a Smooth Sale

If you’re looking to sell your home quickly but don’t want to sacrifice your results, Puckrin & Latreille is here to help. As a real estate team with more than 175 years of total experience, we know a thing or two about selling homes in Durham Region and the Kawartha Lakes. We have the experience, insights, and connections to help you reach your goals – from selling fast and beyond.

Ready to sell your home? We have the experience and insights to make your dreams a reality! Call 905-985-7300 or send an email to hello@liveplayinvest.com to reach out.

Book a Meeting

Whether buying or selling a home in Port Perry and the surrounding area, our team has you covered. Book a call with us today to get started.