If you removed your home from the market in late 2024, you weren’t the only one. According to Newsweek, data from CoreLogic and The Wall Street Journal (WSJ) reveals that nearly 73,000 homes were withdrawn from the market in December alone—more than any other December since 2017 (see graph below).

Sellers had various reasons for pausing their listings—whether it was a lack of offers, the hectic holiday season, or waiting to see if market conditions would improve in the new year. But with spring just around the corner, now is the perfect time to reconsider. The market is already showing signs of increased activity, and relisting sooner could help you avoid heavier competition later.

Why It’s a Great Time to Relist

Selma Hepp, Chief Economist at CoreLogic, suggests that many sellers who stepped back last year were planning to try 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 typically brings the highest buyer demand of the year. Warmer weather encourages more people to begin their home search, as they aim to close and move in during the summer. This increased activity creates an excellent opportunity for sellers, as more buyers mean greater competition and potentially better offers.

Additionally, while mortgage rates haven’t dropped dramatically, they have declined slightly in recent weeks—enough to encourage more buyers to re-enter the market. Since January, demand has been steadily increasing, and this trend is expected to continue as spring progresses.

How to Approach It Differently This Time

If you’re thinking about relisting, start by checking the status of your listing agreement. Even if you temporarily pulled your home from the market, you may still be under contract. Until your listing expires, your real estate agent or brokerage remains your best resource for exploring new strategies. Realtor.com advises:

“If you aren’t sure of the status of your listing, whether active, expired, or withdrawn, take a look at your listing agreement and talk to your real estate agent.”

If your contract is still active, now is a great time to reconnect with your agent and discuss fresh tactics for selling your home successfully. If your contract has expired and you’re considering other options, reach out to a trusted real estate professional who can help you determine the best path forward.

Reflect on your previous experience. What were the challenges that prevented your home from selling before? What adjustments can you make now to improve your chances?

Key Areas to Reevaluate

Your agent can provide valuable insights into what changes might help this time around. Consider these key areas:

• Pricing Strategy: Was your asking price too high? Overpricing can deter buyers, while a well-priced home can generate multiple offers and competitive bidding. Your agent can assess recent comparable sales to ensure you price your home strategically.

• Marketing Approach: Did your home’s presentation attract buyers? Professional staging, high-quality photos, and updated listing materials can make a significant impact. Even something as simple as capturing new photos in the bright spring light can enhance your listing’s appeal.

• Offering Incentives: Were you open to offering concessions? As inventory increases, more sellers are considering incentives to attract buyers. If this wasn’t part of your strategy before, it might be worth discussing.

• Showings & Flexibility: Was your home readily available for showings? The more accessible your home is, the better your chances of receiving strong offers. Increasing flexibility with showing times can significantly improve buyer interest.

Bottom Line

If your home didn’t sell last year, spring presents a golden opportunity for a fresh start. With buyer activity on the rise, now is the time to work with an agent to reenter the market with a stronger strategy.

What changes will you make this time? Talk to your agent, set your goals, and take advantage of this prime selling season.

For expert guidance on relisting your home this spring, reach out to Mike Panza and the team at [Panza Home Group](https://panzarealestate.com/team/mike-panza). They’re here to help you navigate the selling process and achieve the best possible results.