Is It Good Time to Sell House?

Imagine this: You’re sitting at the kitchen table, scrolling through real estate listings, wondering if now is the right time to put your house on the market.

Home prices have been climbing, but interest rates are unpredictable. Buyers seem hesitant, but inventory is still tight.

You’re stuck in a classic homeowner dilemma: Sell now or wait?

Let’s break it down.

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The Texas Real Estate Market

Texas has long been a hotspot for real estate, with cities like Austin, Dallas, and Houston seeing massive growth over the last decade.

But 2024 has been a mixed bag.

Median home prices remain high, hovering around $400,000 in major metros, but interest rates have made buyers more cautious.

Mortgage rates recently dipped from their 2023 highs, but they’re still hovering around 6-7%, which means affordability is tighter.

Yet, here’s the interesting part: Texas still has a housing shortage.

According to recent reports, there simply aren’t enough homes on the market to meet demand.

Less inventory means less competition for you as a seller—a strong advantage if you price your home correctly.

Why Selling Now Could Be a Smart Move

Home Prices Are Still Strong

The median home price in Texas hasn’t taken a nosedive like some predicted.

While appreciation has slowed, sellers are still getting solid offers. If you’re sitting on a home with equity, now is a great time to cash in before any market shifts.

Buyer Demand Is Still There (Even With Higher Rates)

Despite rising mortgage costs, buyers still need homes.

Texas is seeing a steady influx of job seekers and remote workers relocating from out of state, particularly to cities like Austin and Houston.

Millennials are also hitting prime home-buying age, adding another layer of demand.

Inventory Is Low, Giving You the Upper Hand

Texas home listings are down compared to pre-pandemic levels.

If you list now, you’re competing with fewer sellers, which can lead to faster sales and better offers.

You Can Still Time the Seasonal Market

Historically, spring and summer are the best times to sell. More buyers are active, school schedules make moving easier, and homes show better in warm weather. If you wait too long, you could end up competing with a flood of listings in the fall.

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When Waiting Might Be the Better Choice

1. If You Just Refinished Your Mortgage
   Did you lock in a super low rate in 2020 or 2021? If so, selling now means giving up that advantage and taking on a higher interest rate if you plan to buy again.
2. If Your Home Needs Major Repairs Buyers today are picky. If your home has outdated features, a leaky roof, or needs serious upgrades, waiting until you’ve completed some repairs could increase your final sale price.
3. If You’re Waiting on New Developments in Your Area
   Is a major employer opening nearby? Is your neighborhood seeing rapid growth? If so, your home’s value could climb in the next 6-12 months.

How to Sell Smart in Texas Right Now

If you decide to list your home, here’s how to get top dollar in today’s market:

✅ Price It Right – Overpricing will turn off buyers, especially with higher mortgage rates. Work with a local real estate expert to price competitively.

✅ Make Small but Impactful Updates – Fresh paint, updated landscaping, and small kitchen upgrades can make a big difference in attracting buyers.

✅ Stage & Market It Well – Homes that are professionally staged and well-photographed tend to sell faster and for more money.

✅ Be Prepared for Negotiations – Buyers are still active, but they’re also cautious. Be ready for offers that ask for closing cost assistance or price adjustments.

Final Takeaway: Should You Sell Now?

If you’re in a strong equity position and ready to move, this could be a great time to sell—especially before inventory picks up. Texas homes are still in demand, and low supply is working in your favor. But if you’re unsure, consider your financial situation and the potential market shifts ahead.

Your move. If you’re thinking about selling, connect with a local expert, crunch the numbers, and make a strategy that works for you. Because in real estate, timing is everything.