• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Johnson Team Real Estate

Johnson Team Real Estate

Your Bellingham Real Estate Resource

  • Search
    • Address
    • MLS#
    • Quick Search
    • Browse by City
  • Buying
    • Market Statistics
    • Mortgage Rates
    • Mortgage Calculator
  • Selling
    • Valuation Request
    • Get a Market Report
    • Market Statistics
  • Cities
    • Bellingham
    • Blaine
    • Everson
    • Ferndale
    • Birch Bay
    • Lynden
    • Lummi Island
    • Sandy Point
  • Neighborhoods
    • Alabama Hill
    • Birchwood
    • Bellingham’s Central Business District
    • Columbia
    • Cornwall Park
    • Edgemoor
    • Guide Meridian
    • Happy Valley
    • Fairhaven Historic District
    • Lettered Streets
    • Meridian
    • Mt. Baker
    • Puget
    • Roosevelt
    • Samish
    • Sehome
    • Silver Beach
    • South Hill
    • South
    • Sunnyland
    • Whatcom Falls
    • WWU
    • York
  • About
  • Blog
  • Contact
  • Email
  • Facebook

What You Need To Know About Selling in a Sellers’ Market

April 28, 2022 by fawn

Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if you’re thinking about listing your house, you probably want to know: what does being in a sellers’ market really mean?

What Is a Sellers’ Market?

The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still very low. There’s a 2-month supply of homes at the current sales pace.

Historically, a 6-month supply is necessary for a normal or neutral market where there are enough homes available for active buyers. That puts today deep in sellers’ market territory (see graph below):

What You Need To Know About Selling in a Sellers' Market | MyKCM

What Does This Mean for You When You Sell?

When the supply of houses for sale is as low as it is right now, it’s much harder for buyers to find homes to purchase. That creates increased competition among purchasers which can lead to more bidding wars. And if buyers know they may be entering a bidding war, they’re going to do their best to submit a very attractive offer upfront. This could drive the final price of your house up.

And because mortgage rates and home prices are climbing, serious buyers are motivated to make their purchase soon, before those two things rise further. That means, if you put your house on the market while supply is still low, it will likely get a lot of attention from competitive buyers.

Bottom Line

The current real estate market has incredible opportunities for homeowners looking to make a move. Listing your house this season means you’ll be in front of serious buyers who are ready to buy. Let’s connect so you can jumpstart the selling process. Contact Mike Bredeson today by calling 360.303.2734 or emailing Mike@JohnsonTeamRealEstate.com.

Filed Under: Uncategorized

Primary Sidebar

Communities

Stay in the Loop

Sign up to receive market up date and the latest in real estate news!!

Search

  • Search
  • Buying
  • Selling
  • Cities
  • Neighborhoods
  • About
  • Blog
  • Contact
“Three Trees” icon indicates a listing provided courtesy of NWMLS.
DMCA Notice
The information contained in this listing has not been verified by The Johnson Team Real Estate at  Muljat Group Realtors® and should be verified by the buyer.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

DMCA Notice

Copyright © 2025 · Office Help Center Log in