You may be planning to sell your home in the near future. Maybe you are moving to a bigger house, or perhaps you want to move to a different area. Whatever your reason might be, there are a few considerations you may want to think about, and the first is the time of year. Some people make the mistake of overlooking how the time of year affects the sale of a house.
The time of year may play a significant role in determining whether the house sells fast. There are times when the property market is slow, and there are times when the market is warmer and more receptive to a listing.
The best time to sell your house
If you plan to put the property on sale and you are hoping for a speedy sale, the beginning of spring or summer is the generally the best time. Zillow conducted a study and found out that the homes that sold the fastest were listed between mid-March and mid-April. At this time of the year, there is generally a decline in the number of properties listed on the market which may increase demand.
If you list your house for sale during a slow season, it may stay on the market for a longer period of time and that may give the impression to potential buyers that the property has a problem.
The best time to list your home tends to be during the spring and early summer. Families with children may not like moving in the middle of the school year. They may prefer finishing out the school year in their children’s current schools before starting somewhere else. The increased daylight doesn’t hurt either. The more sunlight you have, it means the more opportunities people have to get in the door.
During this time of the year (spring and early summer), the weather is at its best. People may be on their vacations and have time to view your property without being in a hurry. You will be able to showcase the beautiful landscaping, flowers and green grass and other attractive landscaping features on the property. If you choose to do this during the winter, you might not have the time or opportunity to get the landscaping to look as nice as it does during the summer or spring.
If your property has a pool, it may look nicer in the bright sun under a blue sky as compared to a cloudy day when it may be cluttered with dead leaves and debris from a rainstorm. In winter time, the pool might not even be visible, it may be covered up.
Houses listed during the first two weeks of the month of May also tend to sell faster. People gearing up for a summer move may be ready to leap on a good property when they see it. This is one of the prime times people make the decision to purchase property.
Your situation may vary. Contact a realtor to find out if this is a good time to sell or buy a home.