Press release
Realtor.com® Survey Finds 81% of Potential Sellers Think They Will Get Their Asking Price or More This Year
55% of Potential Sellers Who Have Been Thinking About Selling Their Homes For More Than One Year Feel Locked In Due to Mortgage Rates AUSTIN, Texas, April 14,
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[{"type":"text","content":"55% of Potential Sellers Who Have Been Thinking About Selling Their Homes For More Than One Year Feel Locked In Due to Mortgage Rates\nAUSTIN, Texas, April 14, 2025 /PRNewswire/ -- Sellers across the U.S. are optimistic heading into this year's Best Time to Sell with 70% of potential sellers thinking it is a good time to sell, according to a new survey from Realtor.com® out today. Although market conditions are not a driver of the decision, today's sellers are optimistic about selling this year because of their ability to take advantage of the increased value of homes and an expectation that buyer-offers will meet their asking price.\n\n\"Spring is historically the best time to sell, and this year, sellers are entering the season with high expectations,\" said Laura Eddy, vice president of Research and Insights at Realtor.com®. \"Our survey found that many potential sellers feel confident they'll not only sell quickly but also receive top dollar for their home. Despite their optimism, our survey suggests that potential sellers–especially those who have been waiting to sell for a year or more, still feel locked in due to interest rates.\"\nA majority, 79%, of potential sellers are considering selling out of necessity, including the need for more or less space, for family, life events, work, or because they can no longer afford their home. Some 34% need more space, 25% need to downsize, 21% need to move for family, 18% for a life event, including marriage, kids or divorce, 15% need to move for work including return to office or new job, and 10% can no longer afford their current home. However, the top reason for selling was all about location, with 46% selling to find a different community.\nPotential sellers think it's a good time to sell and are taking steps to sellPotential sellers are optimistic about the selling process, with 81% thinking they'll get their asking price or more, 75% thinking it will take the average time or shorter than usual to sell, and 63% thinking they won't have to make significant or unexpected concessions.\nNearly every potential seller (96%) has done something to begin preparing for a home sale. The most common steps have been in the research phase, with 71% of potential sellers checking the value of their home and 61% researching prices in their neighborhood.\nOne in three potential sellers (38%) has ...