Is Now the Right Time to Sell in Las Vegas and Henderson?
If you’ve been thinking about selling your home, this could be the perfect moment to take action. More buyers are stepping back into the market, and as spring approaches, demand is only expected to grow. If you’ve been waiting for a sign, this is it.
Let’s break down the latest market trends and how you can make the most of them.
Why More Buyers Are Entering the Market.
For the past few years, many potential homebuyers hit the pause button due to rising mortgage rates and affordability concerns. But as the market stabilizes, buyers are adjusting to the new normal and resuming their search. According to the National Association of Realtors (NAR):
“Home buyers seem to be getting over the shock of mortgage rates in the mid- to upper-6% range.”
This shift is great news for sellers. While we aren’t seeing a sudden flood of buyers, serious house hunters are actively looking. And the data supports this trend:
Why Now Could Be the Best Time to Sell.
Last December, nearly 73,000 homes were pulled off the market, according to CoreLogic and the Wall Street Journal. Many homeowners paused their selling plans, hoping for better conditions in 2025. But as buyer activity picks up, delaying could mean facing more competition from other sellers later in the year.
Spring traditionally brings the highest demand in real estate, and with mortgage rates showing signs of stability, waiting too long could cost you the perfect opportunity. Buyers are eager to move before summer, so positioning your home on the market now could result in faster offers and better negotiations.
How to successfully
Sell Your Home in 2025
If you tried selling last year without success, this time around can be different. Here’s how to increase your chances of a successful sale:
Reevaluate Your Pricing Strategy:
Overpricing can drive buyers away, while competitive pricing can spark multiple offers. A market analysis from an experienced real estate agent (like me!) can help you find the right balance.
Optimize Your Home’s Presentation:
Professional staging, high-quality listing photos, and minor home improvements can make a big impact on buyer perception.
Offer Buyer Incentives:
With more homes coming onto the market, offering seller concessions, like covering closing costs or providing a home warranty, can make your home stand out.
Increase Showing Availability:
The easier it is for buyers to view your home, the more offers you’ll receive. A flexible showing schedule can work in your favor.
The Hidden Value in Your Home.
Home values have skyrocketed over the past five years. While typical annual appreciation is around 2-5%, some years saw double-digit growth, with national home prices increasing nearly 60% since 2019, according to the Federal Housing Finance Agency (FHFA). If you’ve owned your home for several years, you might be sitting on more equity than you realize—equity that could be used for your next home purchase or investment. *Source: mykcm.com
Bottom Line.
With more buyers re-entering the market, rising demand, and home values at record highs, now is a prime opportunity to sell your home. If you’re ready to make a move, let’s connect and craft a strategy to get your home sold quickly and for top dollar.
Thinking about selling your home?
Contact the Lauren Paris Group today & discover what we can do for you.
