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Lot Size8,712 sqft
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Home Size2,100 sqft
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Beds5 Beds
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Baths3 Baths
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Year Built1995
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Days on Market10
When is it a Good Time to Sell a House?
- Real Estate Tips
- February 14, 2023
Keep These in Mind Before You List Your Home on the Market
Selling your house at the right time can affect how long it stays on the market and how much it sells for. Deciding when to list a property can be stressful because you want to get the best deal possible!
There are some times of the year when selling a house is better, but you should also consider other variables. Several factors can influence the best time to sell a home, such as where you live, the climate, and the market conditions in your area.
If you decide to list your house at a good time, you can significantly increase its sale value.
What are the Best Months to Sell a House?
Generally speaking, spring and early summer are the best times to sell, as these are often the busiest months for real estate. Additionally, the market experiences a seasonal increase in demand during this time. Moving in the winter months can be more challenging based on where you live, discouraging people from listing their properties.
During the spring and summer months, there is a higher demand for homes, which means you’re more likely to receive multiple offers!
Cold, dark, stormy weather makes people less likely to leave their homes, let alone want to go house shopping. Further, waiting until the weather is nicer can improve your property’s curb appeal. Everything looks better in warm, natural lighting.
What are the Worst Months to Sell a House?
Listing your house on the market in the winter is generally not advised because of the decreased demand for homes. Potential buyers usually have more limited availability and may be less likely to view the property, which can lead to a longer wait time to sell.
You’re less likely to get a good offer if your home sits on the market! Potential buyers may assume something is wrong with a house that has been on the market for too long.
As mentioned earlier, the home’s aesthetic appeal may also be diminished due to the weather and lack of foliage! As a result, it is often suggested that sellers wait until the spring or summer months when demand is higher, and the weather is more conducive to property showings.
Research Market Conditions in Your Area
Besides listing your property at the right time of the year, you should also research the market conditions in your area before selling a house. A home’s sale price can vary greatly depending on the current real estate climate! Additionally, learning about these conditions before selling can give you a better idea of how quickly the house may find a buyer.
You should wait until the buyer demand picks up a bit if a lot of houses in your area do not have any offers. However, not everyone can afford to wait for the ‘perfect’ time to sell their home. You may need to move quickly because of a changing circumstance in your life! Then, it’s still important to keep these factors in mind before selling so you can better understand what to expect.
If you’re ready to list your home on the market, it’s crucial that you work with a knowledgeable realtor in your area! Contact Realtor Linda Moore for more information about when it’s a good time to sell a house.