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Selling Your House: When Will You Get the Best Value

Is the Spring the Only Time I Should Think About Selling My House?

By L. Clark, published Jan 12, 2007
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You are selling your house. Sometimes the thought of it can be a little bit overwhelming. But is there a good or bad time of the year to sell? The answer is yes and no.

Should I sell my house in the Spring Real Estate Market?

Sure! Spring market is a great time to list your house for sale. You will find that this is the most traditional time to sell a house. Therefore, the pool of buyers who are looking may be at its largest. You will, of course, get more money for the sale of your house if you have the most people looking at it.

Downsides to the Spring Real Estate Market

You are not the only seller who is aware of the importance of the Spring Real Estate Market, however. So you may find that there are very many houses for sale at this time of year. In markets which are slowing down in many locations, this may drive prices down further.

In addition, there may be many 'lookers' at this time of year. You will probably find that the number of nosy neighbors and people who are just window shopping are at their peak at this time of year too.

What about selling my house in the summertime?

Summer is not as busy as the Spring Real Estate Market. Many buyers have already purchased their new homes and are planning on moving during the summer. However, some have not. You may find that there are leftover buyers who have not yet found their dream houses. Maybe yours will fit the bill.

There may also be less inventory on the market, as many houses will have sold during the Spring Real Estate Market. If there are fewer houses to look at, there is an increased chance that your will sell at a good price.

Fall Real Estate Market

The Fall is probably the second busiest time in real estate. Kids are back in school, vacation time is over and many people use this time to look for new houses. Often the buyers will target Christmas vacation time as a good time to move. You will find that this market kicks in right after Labor Day and runs through Thanksgiving.

You may also find that this is a good time to sell your house. There will probably be more buyers who are ready, willing and able to buy your house during this time of year than during the summer. However, inventory may jump slightly.

Selling Your House: When Will You Get the Best Value

Is the Spring Real Estate Market the Only Time to Sell Your House?

Credit: Laura CLark

Copyright: Laura Clark

Takeaways
  • There will be many houses listed for sale during the Spring
  • A left-over buyer may be ready, willing and able to purchase your house in the summer time
  • Only serious buyers are out looking at houses druing the winter and holiday time
Did You Know?
Fall Market is the second busiest time of the year in Real Estate. But make sure not to overprice your house at this time of year.
Comments
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Good info! We are getting ready to list AGAIN! Sure hope it sells this time!

Posted on 01/12/2007 at 12:01:00 PM

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