The housing supply has recently spiked in the U.S., which is good news for buyers—but not so good for sellers.
When more houses are listed on the market, sellers have more competition to beat. But you don’t need to wait for the housing market to change before selling your home. Several factors can help you stand out, even when houses for sale peak in your area.
One of the best ways to do this is to choose the best time of year to sell a house. Some seasons attract more buyers than others, making it much easier to sell your home in little time.
So when is the best time to sell a house? Read on to find out.
The Best Month to Sell Your Home
A number of factors can influence when buyers look for homes. The reality is, no matter when you list your home, there will be buyers looking for homes like yours.
But finding a buyer quickly and securing the best sales price can depend on the season. Traditionally, wintertime is the worst time to sell a home, while the spring and summer attract more new buyers looking to move.
During these warmer seasons, experts consider some months better than others for selling your home. Typically, March or April are best for selling quickly, while July is the prime time for getting lucrative offers.
That means you might want to list your home in early spring to begin attracting home buyers. Then, if you’re not in a rush to sell, you can wait a few months for the perfect offer.
Timing and Location
Though spring and summer are often considered ideal, when to sell a home can depend on the location. The timeline of selling a home can look very different depending on your local market.
Some cities are always booming, and selling any time of the year will be a breeze. This includes markets like New York City, San Diego, and many Florida cities.
The local weather may also be a factor. Many cold cities attract fewer home buyers in the winter, for example.
To pinpoint the best time to sell your home, research your local market or talk to a real estate agent who can help you decide when to list.
Selling Your Home Fast in Any Season
If you’re in need of a quick sale and can’t wait for the seasons to change, there are a few tips to try.
First, make any repairs and renovations needed to boost your home’s appeal. Landscaping, a new coat of paint, and replacing old cabinets can all go a long way in impressing prospective buyers.
Then, hire the professionals to help sell your home. This can include a real estate agent and professional real estate photographer.
If you’re in a rush, consider skipping the agent and selling your home yourself for cash. Check this blog for advice on how to list your home for sale by owner.
Deciding the Best Time to Sell a House
The best time to sell a house can depend on the time of year, as well as your local market. But if you’re in a hurry to sell, the best time could be now using a few basic tips.
If you’re looking for more real estate tips and insights, check out our other blog posts!