Is This the Right Time to Sell Your Home in Abilene?

Why Now Is a Great Time to Sell Your Home in Abilene

Are you thinking about selling your home in Abilene? The latest market data shows that sellers are in a strong position right now. Here’s an in-depth look at what’s happening and why it could be the perfect time for you to make a move.

Market Overview: High Demand, Fast Sales

Abilene’s real estate market remains robust. Over the past six months, homes have averaged just 62 days on the market before selling, with a median of only 40 days. This pace is a clear sign that buyers are actively searching and ready to make offers. With 65% of active listings already under contract (pending ratio), sellers are seeing strong interest and reduced time waiting for the right offer.

Sellers are also achieving nearly the full asking price. On average, homes are closing at 98% of their final list price and 96% of their original list price—so most sellers are not having to negotiate much off their asking price. When combined with a low supply of homes (just 1.9 months of inventory), these conditions point to a market that strongly favors sellers.

Detailed Breakdown: How Each Price Range Performs

Let’s take a closer look at how the market is performing for different price points:

$0–$200k: Entry-Level & Starter Homes

• Pending Ratio: 70%—indicating high competition among buyers for affordable homes.
• Average Days on Market: 61 days, with many homes moving even faster.
• Sale-to-List Price: Homes are selling at 93% of their list price on average.
• Inventory: Just 1.5 months, signaling limited choices for buyers and more leverage for sellers.

Advice: If you own a home in this range, you’re likely to see strong buyer activity and a quick sale, especially if your property is move-in ready or well-maintained.

$200k–$500k: The Hottest Segment

• Pending Ratio: 81%—the highest across all segments, showing intense demand.
• Average Days on Market: 59 days, with a median of 40 days.
• Sale-to-List Price: Sellers are achieving 98% of their final list price.
• Inventory: 1.7 months, keeping the market competitive.

Advice: This is the sweet spot in Abilene right now. If your home falls within this range, expect significant interest, strong offers, and potentially multiple bids.

$500k and Up: Upper-End & Luxury Market

• Pending Ratio: 14%—lower than other ranges, reflecting a smaller buyer pool.
• Average Days on Market: 86 days on average, with a median of 49 days.
• Sale-to-List Price: Sellers are still getting 97% of their list price, a solid outcome for higher-end properties.
• Inventory: 5.5 months, which is more balanced but still not oversupplied.

Advice: While it may take longer to find the right buyer, sellers in this segment are still seeing strong sale prices and movement, particularly for homes that are well-presented and competitively priced.

What Does This Mean for You as a Seller?

• Low Competition: With fewer homes on the market and high buyer demand, your property will stand out.
• Strong Pricing Power: Most sellers are achieving very close to their asking price.
• Faster Sales: The majority of homes are selling in under two months, reducing holding costs and uncertainty.

Find Out What Your Home Is Worth—Schedule a Listing Consultation

Curious about your home’s current value or want to know how quickly it could sell? Now is a smart time to take advantage of these favorable conditions.
Contact the Tonya Harbin Team for a complimentary, no-obligation home value estimate and personalized listing consultation. We’ll provide expert guidance, a market-driven pricing strategy, and a plan to help you get the best results.

Ready to get started?
Contact us today to schedule your consultation and take the next step toward a successful sale!