Have you been looking for the right time to sell your home?? Well, there are many important details to consider when finding the perfect time to do so – beginning with the ideal time of year to list your home.
With that said, now that it is officially spring time, thinking more seriously about putting your home on the market may be a good plan.
Here are some reasons for why selling your home in the warmer months is likely to be the better option.
As mentioned, one top reason being is that the housing market is typically more active during the spring and summer. This of course, is due to the fact that the weather is nicer and much warmer. Simply put, home buyers find it more enjoyable to be out and about while they are house hunting when the weather is more pleasant.
Likewise, sellers may also reap the benefits of selling in the warmer months. While, it is true that some houses do sell in the colder months, ultimately less buyers are as willing to do so until the temperatures improve and the sun is shining.
This leads perfectly into the next point. With the days being longer, potential home buyers will be able to spend more time looking at homes, even being able to do so well into the evening. Not only can they properly view the inside of the home, they can also more carefully inspect any exterior features, including the backyard and property, as well as the nature of the outer structure of the building.
Whether you are the seller or the buyer, you may also prefer to move in the summer months as it means that your children are on summer vacation. This makes sense, as it can present a smoother transition for a family to move and they don’t have to uproot their children from school midway through the year.
Selling in the spring and summer also comes with many other benefits specific to you as the seller. These include, the fact that you also don’t have to battle the colder weather when preparing you home for resale. The packing and moving process itself can also be done with a higher level of comfort if the weather isn’t too cold or too hot as well.
When it comes down to it, perhaps one of the best reasons for selling in the spring and summer seasons is that the market tends to be more competitive. With more buyers hunting for houses, the higher the potential for your home to sell at a faster rate. In addition to the speed at which you may be able to list and sell your home – the more likely you are also able to sell for the asking price.
In certain cases, bidding wars may also be a more common occurrence, thus driving up the price you can obtain for your home. Ultimately, you are likely to be able to receive a higher resale value than what you may earn if you are selling during another time of year – where there is less competition.
Thinking about listing your home on the market soon? Well, now may just be the perfect time to move forward with these plans and contact a real estate professional.