Blog > Why Now’s Not the Time To Take Your House Off the Market
Is Your Home Sitting on the Market? Why You Shouldn’t Pull Your Listing in Long Beach Right Now
If your home in Long Beach has been sitting on the market longer than expected, you're probably feeling frustrated. You might even be tempted to pull your listing and wait for 2025, hoping for better market conditions. But before you make that decision, consider this: pulling back now could actually cost you in the long run. Here’s why keeping your home listed could be the smarter move for sellers in Long Beach.
Other Sellers Are Withdrawing Listings — Should You?
Recent data from Altos Research shows that more and more sellers are choosing to pull their homes off the market as we head into the fall season. It’s not uncommon for inventory levels to decline at this time of year as sellers delay their plans until the new year. According to Mike Simonsen, Founder of Altos Research:
"We’re seeing a more normal seasonal pattern now with inventory beginning to decline. We’re also seeing more home sellers withdrawing their listings to try again next year. In fact, for every two sales, there is another listing withdrawn from the market."
But is following the trend of withdrawing your home from the market really a smart move? Here’s why keeping your home listed during the fall and winter months could actually work in your favor.
Why Serious Buyers Are Still Out There
The biggest reason to keep your home on the market is that today’s buyers are serious and ready to act.
Many buyers have been waiting for better affordability and, with mortgage rates coming down from their recent peak, they’re more motivated to make a move. In fact, mortgage applications are on the rise, signaling that buyers are gearing up to re-enter the market. These aren’t casual browsers; these are highly motivated buyers who are eager to find their new home before the year ends.
According to Freddie Mac, serious buyers during the fall are especially eager to settle in before the holiday season and winter weather hit:
"During the fall months, serious homebuyers are eager to settle into a new home before the holiday season ramps up and the winter weather begins."
By keeping your home on the market, you increase your chances of attracting these motivated buyers who are ready to act quickly.
Don’t Let Opportunities Slip Away
While some sellers in Long Beach are choosing to pull back, keeping your home listed could help you stand out in a less crowded market. With fewer homes for sale and serious buyers on the hunt, this is an ideal time to get your home sold.
Remember, today’s market is competitive, but that works both ways. As other sellers pull out, your home will have a higher chance of being noticed by those buyers still actively searching for properties in Long Beach. Don’t miss this opportunity to sell your home quickly, potentially at a higher price, simply by staying the course.
Bottom Line
Pulling your home off the market in Long Beach might seem tempting, but with serious buyers eager to purchase before the end of the year, now is still a great time to sell. Let The Phillip Group help you make the most of this window of opportunity. With our proven marketing strategies and deep knowledge of the Long Beach real estate market, we’ll ensure your home attracts the right buyers and sells for top dollar.
If you're thinking about selling your home in Long Beach, or if you’re curious about your home’s current value, now’s the time to act. Contact Marvin Phillip and The Phillip Group at 562-207-8200, or visit ThePhillipGroup.com for a free home evaluation. Whether you’re looking to sell your home in Long Beach or explore your options as a buyer, we’re here to help you navigate the market smarter, not harder.