The number of homes sold jumped by over 1 million homes since the start of the pandemic, and in 2020 total home sales hit 5.6 million.
The home buying market is competitive, but it’s far from competitive enough to dissuade home-sellers from putting their house on the market. If you’re thinking of selling your house any time soon, we’re here to help you out.
Read on to know when is the best time of year to sell a house.
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Late Winter/Early Spring
The late winter and early spring months are the best time of year to sell a house. The weather is getting warmer, and people are coming out of their winter hibernation and looking for new homes. The market is typically more active during this time, and there are more buyers looking for homes.
If you are considering selling your home, this is the best time to do it or better yet, look for a real estate agent who can help you sell your house during these times.
Mid-Late Spring
The weather is warm during this period, making it more comfortable to show your home. The days are also getting longer, giving potential buyers more time to view your property.
And, with most people taking their summer vacations in the second half of the year, mid-late spring is the perfect time to get your home on the market before the competition increases.
Early-Mid Fall
Fall is also an ideal time to sell a house. The weather is comfortable, the leaves are changing color, and there is a feeling of freshness in the air. Buyers are usually serious about finding a new home during this time of year, and they are more likely to be willing to pay a fair price.
If you are thinking of selling your house, now is the time to do it.
Late Fall
Late Fall is typically a slower time of year for house sales. Many people have already moved during the summer and don’t want to deal with the hassle of moving again during the holiday season.
However, there are still people searching for houses during this time of year. If you are thinking of selling your house, late Fall can be a good time to do it. The market is typically not as competitive, and you may be able to get a higher price for your house.
Winter
Selling a home in the winter can be tricky. The cold weather and shorter days can make it harder to show houses, and potential buyers may be less motivated. However, there are some advantages to selling in the winter.
There are usually fewer houses on the market, so your home will stand out more. And buyers who are looking in the winter are usually more serious about buying than those who are just casually browsing
The Best Time of Year to Sell a House
There are months in a year when most people look for a new house. This can be an advantage and a disadvantage. These months, you are sure to have a lot of inquiries and visits for your for-sale house. However, during these months as well, you will see a lot of homes for sale and will surely be a competitor.
The best time of year to sell a house should be right in the season when you’re house looks best and stands out amongst other houses. Sell your house during the period when you can showcase how beautiful your house is.
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