“How long will it take to sell my home?” This is likely one of the first questions you’ll ask when you’re ready to sell your home. The answer is more complex than a simple number of days. While most people only consider the time a house is listed on the market, the average time to sell a home is actually a comprehensive process that can take anywhere from two to four months from start to finish.
This comprehensive guide breaks down the full timeline of a traditional home sale and introduces a powerful alternative for sellers who need to move quickly.
The Full Home-Selling Timeline
1 Phase 1: Preparation (1-4+ Weeks)
- Fixing leaky faucets, patching drywall, and doing other small jobs.
- Deep cleaning and decluttering because a clean, organized space helps buyers visualize themselves in the home.
- Staging or arranging furniture and decor to highlight the home’s best features.
- High-quality listing photos make a great first impression and are essential.
2 Phase 2: On the Market (1-3+ Months)
3 Phase 3: Under Contract / Closing (30-60 Days)
- The buyer hires an inspector to check for issues.
- The buyer’s lender orders an appraisal to confirm the home value.
- Any issues found during the inspection are negotiated.
- The title company and lender complete their checks.
- The total home sale can easily take two to four months, which is a significant commitment.
The 7-Day Alternative: A Faster Home Sale
The Cash Sale Timeline:
Key Factors That Influence Your Timeline
To understand why a traditional sale takes so long, consider these key factors:
Market Conditions and Home Prices
The real estate industry is driven by supply and demand. Whether it’s a seller’s market or a buyer’s market, market trends on a local and national level play a huge role. The housing supply can influence prices; when supply is low, you can expect a bidding war.
In a market with high demand, like in Atlanta, Charlotte, or Phoenix, homes can command higher prices. Conversely, in a market with low demand, such as Dayton or Flint, Michigan, you may need to accept lower prices. Seasonal trends can heavily influence the market, as can interest rates.
A good real estate agent can help you determine the fair market value and set a competitive asking price. This price should be based on comparable homes and what has recently sold in your area. Selling your home for its true fair market value is crucial for successful sales. The National Association of Realtors provides excellent data to help determine the current market value.
Home Inspection and Appraisal
The home inspection can introduce delays if issues are discovered that require negotiation or repairs. The appraisal can also cause delays if it comes in lower than the agreed-upon price.
If the thought of a months-long selling process—with endless prep, open houses, and market uncertainty—doesn’t appeal to you, or you’re facing a difficult situation like divorce or foreclosure, there’s a better way.
Receive a free, no-obligation cash offer from iBuyHomes in 10 minutes or less. We can help you skip the hassle, close on your timeline, and sell your home quickly and with certainty.