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Home Staging Statistics You Will LOVE!

By
Home Stager with Rooms With Style

 

 

Here are some Home Staging Statistics you will love, just in time for Valentines Day!

Home staging statistics you will love!

 

In the most recent study of  634 homes (both vacant and occupied), done by the Real Estate Staging Association, they found that:

  • Un-staged homes spent an average of 107 days on the market.
  • After staging, these homes sold on average in 25 days.
  • Homeowners had their home on the market an average of 132 days before calling a Home Stager.
  • Homes that were staged prior to going on the market sold on average in 18 days.
  • Homes that were staged first, spent 86% less time on market.

 

school-1555910_1280       Let's do some math on the difference of having your home on the market 132 days versus 18 days.

In this example let's assume you have a house payment of $2500 including real estate taxes and insurance, and your utilities are $300 per month. Take the total of $2800 and divide it by 30 days in a month. ($93.33 per day carrying costs).

Multiple that by the 114 less days on the market (132 - 18) when your home is staged.

And what do you come up with as savings??? (114 days x $93.33 per day).

$10,640

That is only considering the basic of carrying costs. Not maintenance, yard care, security systems, etc.
 
 
 
The moral of this story is
 
STAGE YOUR HOME BEFORE YOU PUT IT ON THE MARKET. DON'T WAIT!
 
 
 
 

 

Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Hi Shar,
Those ARE interesting statistics.  It definitely pays to invest in staging.  I would be curious to know the statistics on selling price for staged homes vs unstaged homes, as they sit on the market longer.  The shorter selling period is one thing but I'm willing to bet the sales price is less likely to be reduced with a quick sale.

Feb 14, 2020 08:02 AM
Shar Sitter

I agree with you Carol Williams , the price is definitely higher as it hasn't sat there and taken one, two or more price cuts. Many of my personal stagings have gone for more than asking. I just don't have stastics to reference.

Feb 17, 2020 11:56 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

It definitely is a fact that homes sell quicker and for a higher dollar amount when they are staged, I wish all sellers would realize that and start gaining more profit for themselves.

Feb 14, 2020 08:04 AM
Shar Sitter

Amen to that Brian England !

Feb 17, 2020 11:56 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

These are eye-opening stats that every seller should read prior to putting their home on the market. Staging easily pays for itself many times over.

Feb 14, 2020 11:27 AM
Shar Sitter

From your words to sellers ears Debe Maxwell, CRS . LOL

Feb 17, 2020 11:57 AM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

Meeting with sellers Monday. These stats will come in so handy.

Feb 14, 2020 12:32 PM
Shar Sitter

Glad to help Debb Janes EcoBroker and Bernie Stea JD 

Feb 17, 2020 11:56 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Shar - a home staging consultation can be very valuable.  Some properties benefit from the real estate transformation process from home to "product".  It's good to know/understand the information and then wisely decide.  

Feb 16, 2020 06:22 AM
Shar Sitter

Nothing more valuable than a Home Staging Consultation Michael Jacobs !

Feb 17, 2020 11:58 AM