Throughout our journey, we’ve constantly been asked the same question. When really is the best time to sell? Most think it’s spring, and naturally so. Everything is blooming, the days are getting longer and warmer, meaning more people are out looking. However, it’s not necessarily the best time! Surprised? Let us explain.
When it comes to selling your home, it does depend on your situation to start with. If you need to move for work or schooling purposes, you might need to sell more urgently meaning you’re on the market at anytime during the year, which can actually be beneficial.
You need to also think about your location. Depending on the season, your town might be overflowing with tourists, putting off some buyers. Alternatively, it could bring in outside buyers who are willing to pay more for your holiday location.
During the winter months, commonly thought of as the “quieter season” people looking or needing to buy will be at the forefront of your property. With less on the market, there’s less competition, meaning your home can sell quicker and sometimes at a higher price if there are multiple parties bidding for it.
We’ve touched on spring but summer can also be a superb time to sell. With the warmer longer evenings, people will be more inclined to come out and view your home. More people means more attention and some buyers might decide your home is perfect for them, then and there. You just never know.
Overall, it really does depend on your situation. There’s no real right or wrong time. Your agent however can help you when deciding and it’s important to talk to them. They can show you the real data and numbers from previous sales in your area, to help give you a solid timeline of when might be best to put your property on the market.