Why Home Staging is Important for Both Buyers & Sellers

According to a 2024 study
(please reference: https://www.nar.realtor/research-and-statistics/research-reports/profile-of-home-staging)
 
-40% of home buyers were more willing to visit a staged home they saw online
-81% of buyers agents said that staging a home made it easier for potential buyers to visualize the property as a future home
-48% of listing agents noticed a decrease in the time a staged home spends on the market
-20% of buyers agents and listing agents noted that staging a home resulted in a 1% to 5% increase in the dollar value offered by buyers compared to equivalent homes that were not staged

According to a 2021 survey
(please reference: https://www.realestatestagingassociation.com/content.aspx?page_id=22&club_id=304550&module_id=164548)
 
-Homes that were staged sold approximately 9 days faster
-The average staging cost of 1.3% resulted in a 7.1% over-list return on investment

According to a 2022 report
(please reference: http://www.homestagingstats.com)
 
-Staging helps increase the sale price by up to 20% on average
-Sellers who chose not to stage their home experienced an average price reduction of 5 to 20 times greater than what home staging would have cost.

When it comes to moving to a new home and selling your current one, the ultimate goal is to create a space where buyers envision themselves living in it. By highlighting the potential of a property and forming an inviting atmosphere, home staging has demonstrated its ability to attract more potential buyers, encourage higher offers, and expedite home sales.

Source: https://www.architecturaldigest.com/reviews/moving/home-staging-statistics