Should You Relist Your Home Now?

If you took your house off the market in late 2024, you weren’t alone. Data from CoreLogic and the Wall Street Journal (WSJ) shows that nearly 73,000 homes were pulled from the market in December alone – more than any other December dating back to 2017 (see graph below):

Whether it was due to a lack of offers, the holiday season feeling overwhelming, or waiting to see if the market would improve in the new year, many homeowners decided to hit pause.

But now, with spring fast approaching, it’s time to reassess. The market is already picking up, and waiting any longer could mean facing more competition from other sellers down the road.

Why Now Could Be the Right Time

Selma Hepp, Chief Economist at CoreLogic, explains that some sellers may have pulled their listings late last year with the intent of trying again this spring:

“Another reason for a step back could be that sellers wanted to wait and see how spring home buying season goes, and if mortgage rates fall, which would bring more home buyers and competition back in the market.”

Spring is typically the busiest time for homebuyers. As the weather warms up, more people start searching for homes, eager to move in by summer. That increased demand creates a great opportunity for sellers.

While mortgage rates haven’t fallen dramatically, they have declined slightly in recent weeks. Early signs show buyers are becoming more active as a result. Since January, demand has been rising, and that trend is expected to continue as spring draws closer.

What To Do Differently This Time

Before relisting, check the status of your listing agreement. Even if you pulled your listing, you may still be under contract. Until your listing expires, your agent or brokerage is your best resource for strategizing how to get your home sold this time around.

If your contract is still active, reconnect with your agent to explore new strategies. If your contract has expired and you’re considering other options, reach out to a trusted real estate professional for guidance on your next steps.

Take some time to reflect on your previous experience. What challenges did you face? What can you do differently this time? Your agent can provide valuable insight and advice based on what may have gone wrong last time, such as:

• Pricing Strategy: Was your home priced too high? Your agent can analyze recent sales to ensure your price is competitive. Proper pricing can attract multiple offers and increase buyer interest.

• Marketing Approach: Was your home staged properly? Did you use professional photography? Even simple updates—like retaking listing photos to highlight spring’s natural light—can make a difference.

• Offering Concessions: Were you open to incentives for buyers? As inventory increases, more sellers are considering concessions to close deals.

• Showings and Flexibility: Were there restrictions on when buyers could see the home? Making your home more accessible can increase your chances of receiving offers.

Bottom Line

If your house didn’t sell last year, spring may be your second chance. With buyer activity rising, now is the perfect time to discuss a fresh strategy with your local Rucker & Associates Team agent.

What will you do differently this time? Reach out to us to review your options and create a plan for success.