About 11,000 Houses Will Sell Today

<article class="post-769256 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-769256"><span class="entry-date">August 10, 2023</span><div class="entry-header center-block text-center"><h1 class="entry-title">About 11,000 Houses Will Sell Today</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=About+11%2C000+Houses+Will+Sell+Today&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fabout-11000-houses-will-sell-today%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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</div></div><div class="post-tax post-category"><span></span><a href="../category/realtor-blog/index.html" rel="tag">Realtor Blog</a></div><div class="post-tax post-post_tag"></div></div><div class="entry-content"><div><img alt="About 11,000 Houses Will Sell Today Simplifying The Market" decoding="async" loading="lazy" src="https://media.agentaprd.com/sites/222/20230810-About-11000-houses-will-sell-today.webp" style="display: block; margin-bottom: 5px; clear: both; max-width: 100%;" width="358"/>
<p>Some homeowners have been waiting for months to put their <a href="https://www.simplifyingthemarket.com/2023/08/01/sellers-dont-let-these-two-things-hold-you-back/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">house</a> on the market because they don’t think people are <a href="https://www.simplifyingthemarket.com/2023/07/18/homebuyers-are-getting-used-to-the-new-normal/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">buying</a> homes right now. If that’s you, know that even though the housing market has slowed compared to the <a href="https://www.simplifyingthemarket.com/2023/05/30/todays-real-estate-market-the-unicorns-have-galloped-off/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">frenzy</a> of a couple of years ago, it isn’t at a standstill. Contrary to what you may believe, buyers are still active and plenty of homes are selling right now.</p>
<p><a href="https://www.nar.realtor/newsroom/existing-home-sales-retreated-3-3-in-june-monthly-median-sales-price-reached-second-highest-amount" rel="noopener noreferrer" target="_blank">According</a> to the <em>National Association of Realtors</em> (NAR), based on the pace of sales right now, just over 4 million homes will sell this year. With some simple math, let’s break down what that really means for you:</p>
<ul>
<li>4.16 million homes divided by 365 days in a year = <strong>11,397 houses sell each day</strong></li>
<li>11,397 divided by 24 hours in a day = <strong>475 houses sell per hour</strong></li>
<li>475 divided by 60 minutes in an hour = <strong>about</strong> <strong>8 houses sell each minute</strong></li>
</ul>
<p><strong>So, on average, about 11,000 homes sell each day in this country.</strong></p>
<p>A real estate expert can give you more information about how many houses are being sold in your neighborhood, the amazing <a href="https://www.simplifyingthemarket.com/2023/07/14/low-housing-inventory-is-a-sweet-spot-for-sellers-infographic/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">advantages</a> that sellers are experiencing right now, and the most important things buyers are searching for in your area. Together you’ll use this knowledge to shape how you market your house based on local trends. </p>
<h3>Bottom Line</h3>
<p>If you’ve been waiting to sell because you don’t think there are buyers out there, know today’s market is <a href="https://www.simplifyingthemarket.com/2023/07/27/homebuyers-are-still-more-active-than-usual/" rel="noopener noreferrer" target="_blank">active</a>. Every day you wait, around 11,000 other homeowners are <a href="https://www.simplifyingthemarket.com/2023/07/12/renting-or-selling-your-house-whats-the-best-move/" rel="noopener noreferrer" target="_blank">selling</a>. In the time it took you to read this, eight homes sold. When you’re ready to sell too, connect with a local real estate agent.</p>
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