Think About Spring – Let’s Plan Ahead!

Christmas is just days away, and while the holiday season might slow things down, it’s the perfect time to start thinking about your home sale in 2025. If your home hasn’t sold yet, now could be a great opportunity to rethink your strategy for the upcoming spring market.

Common Selling Challenges

Selling your home doesn't always go as planned, and many sellers face common hurdles:

• Priced Too High: Overpricing can lead to a long wait on the market.
• Not Freshened Up: Small updates, like cleaning, decluttering, or fresh paint, can boost appeal.
• Limited Access: Flexibility with showing times can make a big difference in attracting buyers.

A recent Zillow report found that in 2024, 1 in 3 sellers had to take their home off the market before it sold. Here are the updates many sellers made to improve their chances of selling:

• 46% of sellers painted the interior of their home.
• 42% improved the bathroom.
• 38% updated the kitchen.
• 35% landscaped the yard.
• 28% replaced or repaired flooring.
• 28% painted the exterior.
• 20% staged their home.

Plan Ahead for 2025

Spring is a popular time to sell, and starting early can give you the edge. By assessing your home now, we can plan what updates or repairs to make and create a strategy tailored to the 2025 market.

Understanding Key Market Metrics

These metrics can help us analyze your local market:

• Months of Inventory: The number of months it would take to sell all available homes.
• List-to-Sold Price Ratio: How close the final sale price is to the listing price.
• Median Days on Market: How quickly homes are selling.
• Median Sold Price: The typical selling price in the area.

Local Market Snapshot

Here’s a quick overview of the market in our area:

• Canyon Country: 1.94 months of inventory (seller's market), homes selling in 23 days, and a median sold price of $867,500.
• Valencia: 3.08 months of inventory (balanced market), homes selling at 99.7% of the asking price, 32 median days on the market, and a median sold price of $964,990.
• Stevenson Ranch: 2.29 months of inventory (seller's market), homes selling at 100.9% of the asking price, just 14 median days on the market, and a median sold price of $982,500.

If your home hasn’t sold yet, it might be due to the strategy used, not the market itself. In areas like Canyon Country, Valencia, and Stevenson Ranch, homes that are priced right and well-presented are selling quickly. If you're feeling stuck, I’d love to visit your home, provide professional guidance, and discuss a strategy to make your home stand out in the upcoming spring market.

Ready for 2025? Let’s Talk!

Let’s discuss your home, make a plan, and get it ready to attract buyers. Reach out to me for a consultation at:

661.527.3752