Your Acadiana House Could Be an Oasis for Buyers

Dated: October 23 2021

Views: 55

Sellers: Your House Could Be an Oasis for Buyers Seeking More Options

Sellers: Your House Could Be an Oasis for Buyers Seeking More Options | MyKCM

Sellers have a great opportunity this season as buyer demand still heavily outweighs the current supply of Acadiana homes for sale. According to the National Association of Realtors (NAR), today’s housing inventory sits at only a 2.6-month supply. To put that into perspective, a neutral market typically features a 6-month supply. That places today’s market firmly in the sellers’ market category.

That same NAR data also shows today’s inventory of single-family homes is trailing behind the level we saw last year (see graph below):Sellers: Your House Could Be an Oasis for Buyers Seeking More Options | MyKCMBecause of the ongoing supply challenges, buyers can feel like they’re wandering across a vast, empty desert when searching for their next home. That means your house could provide an oasis for buyers thirsty for options – and it could increase the chances of buyers entering a bidding war for your home.

The latest Realtors Confidence Index Survey from NAR shows houses are receiving an average of 3.8 offers. A multiple-offer scenario lets you select the best offer and gives you incredible leverage when you sell this fall.

Bottom Line

Buyers today are looking for relief as they wander today’s inventory desert. Listing your Acadiana house this fall – before more options appear – gives your house the best chance to be noticed by multiple buyers. Let’s connect today so your house can stand out as the oasis it truly is.

3 Must-Do’s When Selling Your Lafayette House This Year
Blog author image

Ted Daigle

About Ted Daigle – Realtor Growing up in Church Point, LA instilled values of hard work and dedication, which has carried over into every aspect of his life, including real estate. This Lafayette r....

Latest Blog Posts

Your Acadiana House Could Be an Oasis for Buyers

Sellers: Your House Could Be an Oasis for Buyers Seeking More OptionsSellers have a great opportunity this season as buyer demand still heavily outweighs the current supply of Acadiana homes for.

Read More

Important Distinction: Acadiana Homes Are Less Affordable, Not Unaffordable

Important Distinction: Homes Are Less Affordable, Not UnaffordableIt’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home

Read More

What Does the Future Hold for Lafayette LA Home Prices?

What Does the Future Hold for Home Prices?If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in

Read More

Dreaming of a Bigger Home in Lafayette LA? Why Not Buy It This Year?

Dreaming of a Bigger Home in Lafayette LA? Why Not Buy It This Year?Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. If you&rsquo

Read More