The headlines will tell you the market has slowed. Fewer listings. Fewer inspections. Less activity. And if you’re reading those headlines and using them as a reason to sit on your hands, I’d gently suggest you’re reading the wrong story.
Here’s what’s actually happening.
Yes, there’s more property sitting on the market than there was twelve months ago. And yes, the number of people walking through open homes is down. But the serious buyers – the buggers who can actually pay – are as active as they’ve ever been. It’s the tyre-kickers who have taken a hike – and what we’re short on isn’t buyers. It’s quality stock.
Unfortunately, people seem to be delaying. Waiting for confidence to return, waiting for the perfect moment, or waiting for someone else to go first. In the meantime, the buyers are circling the same small pool of well-priced, desirable properties – and those properties are moving. The ones that aren’t moving aren’t suffering from a lack of buyers. They’re more often than not suffering from a pricing problem.
This is the part of the market cycle where the vendors who act decisively do very well, and the ones who wait find themselves listing into a more crowded market six months from now when everyone else has finally talked themselves into it.
I’ve watched this pattern play out more times than I can count. The best time to sell is rarely when it feels the most comfortable. It’s when the competition is thin and the buyers are hungry – and, right now, the buyers are begging for something worth buying.
So if you’ve been thinking about listing – talking about it, half-planning it, or waiting for the stars to align – I’d start having a more serious conversation. The buyers are out there. The stock they’re looking for isn’t. That gap is your opportunity, and it won’t stay open forever.