When Should You List Your Home For Sale?
One problem with real estate when it comes to selling a home is knowing the right timing. Thankfully, there are studies that show how homes listed in some months sell faster than others. By knowing when to put your house on the market, you'll be doing all that you can to have the best chance of selling.
Fall and Winter Listings
Even though you are seeing less homes for sale during the winter, it does not mean that sales are slowing down at all. Winter is actually the best season for listing your home, with 2/3 of homes becoming under contract in less than 3 months. These homes also will get higher prices when compared to a similar home listed in the summer.
If you do decide to sell your house during the winter, be sure to plan ahead by taking photos of the house the previous summer when the weather was nice. This can help really show off landscaping that is not as noticeable during the winter.
Many homeowners don't like listing their home in the winter because the weather is bad, and people often walk through the home with wet shoes during the frequent showings. If you can get past this inconvenience, you may find your home being sold much faster.
Listing during the holidays, which is an unpopular time for sellers, also means that your home is on the market during a time when not many homes are for sale. It gives you the advantage during a seller's market.
Spring and Summer Listings
Spring and Summer may not be the best months to sell your home statistically, but they still have advantages. The summer can be a popular month for buyers because it is at a time when children are between grades at school. Changing school districts during the summer will provide the least amount of disruption to them, which leads to families doing their house hunting at the most opportune time for them.
The days are also longer, which gives sellers more hours to see homes while there is still light outside. It helps give a better idea of what the inside of your home is like seeing it in natural light. The warmer weather also gives a bigger incentive for both the buyer and seller to move, since it doesn't need to be done in the snow.
For more advice about when to sell your home, speak with a real estate agent like one from EXIT Lakes Realty Premier that is familiar with your area.