How Long Does it Take to Sell a House in New York?
Curious about the number of days it takes to sell a home? How about the average time it takes to sell a house in the State of New York? You’re about to find out.
Selling a home is stressful, and the most stressful part about the entire process is how long it takes to find a buyer and close the sale. Millions of people are trying to sell their homes because they can no longer afford them. By learning about the average period it takes to sell a house and the companies that buy houses in New York, you can put your mind at ease.
As you are about to discover, selling a home in New York can be challenging, especially when you’re working with a tight timeframe. When the bills are piling up and buyers are scarce, selling a home can feel daunting.
You’ll learn about house preparation, how to speed up the selling, and the best time to do it.
By the time you have these tips under your belt, you’ll be in a much better position to sell your home. You’ll also discover the benefits of speeding things along by accepting a cash offer.
The Average Time it Takes to Sell a House
So what is the average time it takes to sell a house? Perhaps the better question is, what’s the average time to sell a house in 2020?
The average time to sell a house in 2020 took between 55 and 77 days. The average number of days to sell a home today is around 37 days which is much faster. Evidently, market conditions have changed quite dramatically.
If you held onto a home that you were planning to sell in 2020 and listed it this year instead, it would sell much faster. Of course, this is not always the case as 37 days represents the national average as opposed to the time it takes to sell a home in the State of New York.
The Average Time it Takes to Sell a House in New York
The average time it takes to sell a house in the State of New York is higher than average times in other States. This means that it can take a lot longer to sell a house in New York than in the States with a more promising real estate market.
This means that it might take longer to unload your house than you thought, especially if you sell it by owner or through a realtor. The fastest way to sell is to find a development company that’s willing to give you a cash offer for the property.
What are the Average Days to Sell a Home in New York
The average number of days to sell a home in New York is 76 days which is significantly longer than the national average of 37 days. Due to just how much longer it takes to sell a home in New York these days, many sellers have been turning to companies that offer cash offers for property rather than waiting it out.
For example, cash home buyers in New York have been relieving struggling homeowners that could no longer afford to keep up the payments and stay in their homes. A cash offer allowed them to walk away with a large amount of money without going into foreclosure, it’s a win-win scenario all around and that’s why it’s becoming so popular.
If for example, you are looking for someone to buy your house in New York, a cash offer is going to be the way to go.
How Can You Speed Up the House Selling Process
Concerned about how much higher the average number of days to sell a home in New York compares to the other States? Then you’ll want to learn about how you can speed up the selling process, here are some tips.
House Preparation
First of all, you’ll have a lot of prep work to do. House preparation is key to making your house attractive to potential buyers. The first thing you should do is attack the clutter, it’s got to go. No one wants to walk into a house full of clutter and be expected to make an offer.
You need to clean up all of the clutter and make the house look as clean and nice as possible. It can’t look lived in. The idea is to make it look ready to live in! When someone’s looking for a house, they want to be able to imagine themselves living there, not someone else.
Another crucial part of the house preparation process is to start packing. If you can swing it, try putting your stuff in storage. That way it’s already packed and you can easily have a moving company take everything from the storage unit to your new home after the sale.
Packing isn’t just a good idea in terms of making your house look tidy and appealing to potential buyers, it’s also a great way to kill time while waiting for the right buyer to come around.
Selling Your House at the Best Time
How long does it take to sell a house on average? It depends on when you put your house up for sale. When the market is good, houses sell like hotcakes, and when it’s slow, well, you know. Selling a home in New York at this time can take a while.
If you’re not up for a 4-6 month wait, you can always sell your house to a development company for a cash offer and walk away with cash in hand.
After the foreclosure, you will not be liable for the deficiency. However, you will have awful credit, a lot of tax bills, and the arduous task of finding a new home and a job.
Get Your Fast, Fair Offer Today!
START HERE: We buy houses in ANY CONDITION. Whether you need to sell your home fast for cash or list with a local agent for top dollar, we can help.Avoid Major Renovations
You should know that there are ways to increase your home’s value without taking on major renovations. Sometimes renovating a house can quickly turn into a much more expensive endeavor than you intended.
For example, the mid-range average cost for house renovations is $40,000 – $75,000. That’s a LOT of money, especially if you are already struggling to keep up with payments! In many cases, a fresh coat of paint and some new appliances will get you more bang for your buck than a full renovation.
Cash Homebuyers in New York
If you are planning on selling your house by yourself, you should reconsider. It would be tragic to put your house up for sale by owner or through a real estate agent only to foreclose anyway because it took too long to find a buyer under current market conditions.
You can spare yourself the anguish of losing your home because of a slow and sluggish market by seeking out a cash offer from a reliable development company. When you sell your home for a cash offer, you don’t have to go through the lengthy and often grueling process of selling a property to a conventional buyer who is financed by a conventional bank.
Oftentimes, homes can be sold for a cash offer as is. That means you won’t have to take on expensive renovations, repairs, or spend any more of your precious time trying to prepare your house for sale.
Pre-listing House Inspection
Your pre-listing house inspection should be as detailed as possible. The more things you forget to check or fix, the more problems you’ll have while trying to sell your house. It will also drag out the entire process, making it take much longer than necessary.
Before listing your house for sale, you should check your electrical system for any safety issues. Always call a professional when having your electrical system checked out, never try to diagnose it by yourself.
Another thing you’ll need to have checked is the plumbing. Does your septic need to be pumped? Do you need a water test? All of these things should be taken into consideration before listing your home for sale.
You should also make sure that your roof is in good condition as most buyers will ask you how long it’s been since the roof has been replaced.
Super Staging Techniques
Looking for super staging techniques? Then don’t try anything yourself. The best way to stage your home is to hire a professional which can be difficult for sellers that are already having financial problems.
A professional can stage your house to sell, but it won’t come cheap. Considering the average rates, many homeowners would be better off selling their home for a cash offer instead.
The Big Conclusion
How long does it take to sell a house on average? You now have the answers.
Sell House Fast Cash specializes in giving cash offers to distressed homeowners. If you live in New York and you’re having a hard time selling your house, it’s time to give Sell House Fast Cash a call and ask about the advantages of selling your home for a cash offer.
The average days to sell a home can be significantly reduced by accepting a generous cash offer from Sell House Fast Cash!
A big pile of cash is just a phone call away, go ahead and call the team at Sell House Fast Cash today!