Is It Time to Take Your Home Off the Market? Think Again!

Has your home been sitting on the market longer than you expected? If you’re feeling frustrated, you’re not alone. You might even be wondering if pulling the listing and waiting until next year is the right move. But here’s something you may not have considered—taking your home off the market could actually cost you in the long run.

Why Are Other Sellers Pulling Their Listings?

According to recent trends from Altos Research, many sellers are choosing to take their homes off the market as we head into the fall. That’s not surprising—it’s a typical seasonal shift. As Mike Simonsen, Founder of Altos Research, points out:

"We're seeing a more normal seasonal pattern now, with inventory starting to decline. Sellers are withdrawing their listings to try again next year. In fact, for every two sales, there’s another listing withdrawn from the market."

It’s easy to see why you’d be tempted to do the same. But here’s the thing—while other sellers are pulling back, you might have a real opportunity to sell now. Let me explain why.

The Buyers Who Are Looking Now Are Ready to Act

The buyers still in the market this time of year aren’t just casually browsing—they’re serious. They’ve been waiting for a break in mortgage rates, and now that rates have come down a bit, they’re ready to move. In fact, mortgage applications are rising, which is a strong sign that more buyers are gearing up to make offers.

These buyers are motivated—they’re tired of waiting and want to be in a new home before the year ends. And with fewer homes on the market, you have a better chance of standing out to these serious shoppers. Freddie Mac even confirms:

"Serious homebuyers are eager to settle into a new home before the holiday season kicks into high gear."

Bottom Line

While it’s tempting to follow the crowd and take your home off the market, this could actually be the best time to sell. Buyers are out there, and they’re ready to make a deal. Let’s connect to come up with a strategy that gets your home sold, without waiting for next year!