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Average Days on Market:

According to Virginia REALTORS, the time it takes homes to sell continues to decline. In April 2021, homes were on the market an average of 25 days statewide, which is 16 days faster than the average in April 2020 and six days faster than in March 2021. Becuase the market is so competitive, buyers and their REALTORS are looking for properties before they hit the market.

SOME TAKEAWAYS:

  • Have your pre-approval letter in hand
  • Be prepared to offer above asking price
  • Know your strategy regarding waiving appraisals or an escalation clause
  • Put forth your strongest offer in terms of price, terms and conditions. The fewer the conditions, the stronger the offer.

If you would like to know the best strategy for selling your home for the highest and best offer call us today at 804-282-2828.

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