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Why Now’s Not the Time To Take Your House Off the Market

Noopur Gupta October 9, 2024

Why Now’s Not the Time To Take Your House Off the Market




Has your house been sitting on the market longer than expected? If so, you’re bound to be frustrated by now. Maybe you’re even thinking it’s time to pull the listing and wait to see what 2025 brings. But what you may not realize is, the decision to hold off could actually cost you. Here’s a look at why staying the course could be the smarter move.

Other Sellers Are Pulling Back. Should You Hold Off Too?

According to recent data from Altos Research, the number of withdrawals is increasing – that means more sellers are opting to pull their listings off the market right now. And this isn’t unusual for this time of the year.

In the housing market, there are seasonal ebbs and flows. Inventory levels typically start to drop off a bit headed into the fall season as some sellers delay their plans until the new year. As Mike Simonsen, Founder of Altos Researchexplains:

“. . . we’re seeing a more normal seasonal pattern now with inventory beginning to decline. We’re also seeing more home sellers withdrawing their listings to try again next year. In fact, for every two sales, there is another listing withdrawn from the market.”

But is that a smart move? While it might seem like a good idea to pull your listing too, here’s why that approach may not pay off this year.

Today’s Buyers Are Serious and Ready To Act

The biggest reason to stick with your plan to sell now is that the buyers who are looking at this time of year are serious about making a purchase.

They’ve been sitting on the sidelines for a while waiting for affordability to improve. And now that mortgage rates are down from their recent peak, they’re ready to make their move. Mortgage applications are rising – and that’s a leading indicator that buyers are preparing to jump back in. And since they’ve already put their needs on the back burner for so long, they’re even more eager than buyers usually are at this time of year.

These aren’t window shoppers. They’re highly motivated buyers who want to move fast – and that’s the kind of buyer you want to work with. As Freddie Mac says:

“During the fall months, serious homebuyers are eager to settle in to a new home before the holiday season ramps up and the winter weather begins.”

By keeping your home on the market, you increase the chances of attracting people who are truly ready to make a purchase.

Bottom Line

While some sellers are choosing to take their homes off the market, this really isn’t the best move. With serious buyers eager to purchase, this is a great time to sell your house. Let’s connect to make sure we’ve got a strategy in place to make it happen. 


subu redfin
Pratima Gluckman
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Noopur Gupta is a top-notch real estate agent who knows a lot about the local market, communicates well with her clients, and acts professionally. She is honest and reliable, good at negotiating, and quick to respond. Noopur loves her job and works hard to help clients, offering useful advice and making the whole process smooth and enjoyable. I would recommend Noopur to anyone looking to buy their dream ...

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Noopur Gupta played a pivotal role in helping us discover our first real estate property, and our excitement knows no bounds. Being first-time real estate investors, we initially found the process quite intimidating. However, Noopur stood by us through every phase. She was consistently available to address our questions, offer reassurance, and provide valuable suggestions. With an extensive network of co...

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Noopur did an outstanding job of assisting us with the buying of our house. Her expertise in the market's geographic area was good. She was very much involved in all aspects of closing. Her attitude towards everyone was friendly and responsive. Noopur carried out all the procedures painlessly and stress free for all of us. She was knowledgeable and was very hands on throughout the entire process. Thanks ...

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Noopur did an outstanding job assisting us with the purchase of our first home. Her passion and expertise in real estate shone through every step of the way. She patiently guided us through the entire process, offering invaluable advice during the bidding phase and maintaining exceptional communication throughout. Looking back, Noopur's empathy and commitment to us were particularly commendable. She took...

— subu redfin | Bought a Single Family home in 2024 in Lorelei manor, Menlo park, CA.

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Noopur Gupta played a pivotal role in helping us close our dream home and first real estate property, and our excitement knows no bounds. Being first-time real estate investors, we initially found the process quite intimidating. However, Noopur stood by us through every phase. She was consistently available to address our questions, offer reassurance, and provide valuable suggestions and always goes abov...

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