It’s interesting to note how so many things have their “season.”
Hockey in the winter.
Vacations in the summer.
Gardening in the spring.
Even retirement reportedly occurs more often in the fall than any other time of year.
To some extent, even real estate seems to have a season. The spring is traditionally an active time for home sales. But, does that mean you should wait until spring to list your home?
Here’s the reality…
Properties sell all year round. There are buyers actively looking for homes at all times of the year. In fact, there are bound to be buyers that would be interested in your home if you were to list it this month. While it’s true that the market may fluctuate throughout the year, with some months featuring higher or lower prices than others, those variations are nearly impossible to predict. So, it doesn’t make much sense to wait for the “perfect” month to sell, because that perfect month is just as likely to be this month!
Here’s something else to think about…
If you try to sell your home during a month when prices are up a little, you may need to buy another home in that same market. So, you’re really not gaining. The same holds true if you sell during a month when prices have softened.
As with all things in life, there are positives and negatives to weigh. The the Spring, there are lots of Buyers, but, there is also a lot of competition, there are typically many other homes on the market for them to consider. In the slower months, the reduction in traffic from Buyers can seem like a lost opportunity, but you are more likely to have Buyers with a higher level of motivation and less competition to get in the way of them chosing your property as the one to make an offer on.
So, if you’re considering selling your home, don’t be concerned about picking the right month or season to list. Focus your efforts, instead, on selling your home for the best price, finding and moving into your next dream home and aligning this major life event with times best suited for your lifestyle. Perhaps you have the school year to consider, or a new job. Time your move to be right for your family and you can have success in achieving your goals in any season.