Answers by Stacey Deville

Hey Farrah. I see that you are in Austin, as am I. The market here is unique. Covid hit and we had 140 offers on properties. People were waiving appraisal and spending well over asking for everything that hit the market. Since then the market has shifted dramatically. I don't know where in Austin your home is located, but a month on the market is nothing right now. Now remember this is contingent based on where you are located. There are a few areas that still have offers fairly quickly, but most of the Austin market is slower. I wouldn't say "dead" like we were seeing in the last couple years, but it is slow. Most of the homes I am seeing are sitting for 4-6mo, potentially more. Like I said, I don't know where you are located or what you are priced at, but if your agent is doing their job (which I figure they are) then you are having open houses and some traffic through weekly. If you are a higher price point you may only have 1-2 showings every couple weeks, but lower price points (under 500K) seem to be getting anywhere from 1-2 a week. I would jump on one of the websites showing current properties in your area and see how many are sitting. Do you have 100 in your neighborhood for sale? Do you have 2? Maybe have your agent call those agents and find out about traffic. But don't freak out.....real estate in Austin takes time. Truly wishing you the best of luck!!! It will sell. And it will sell to the RIGHT buyer!