If you’re planning on selling your home, you may wonder when the best time to list it is. While the answer may vary depending on your location and other factors, there are a few general guidelines to keep in mind.
Spring and summer are often considered the best time to sell a home, as this is when the weather is pleasant, and many buyers are actively searching for a new home. In fact, according to data from Zillow, homes listed in May tend to sell for more money and faster than homes listed at other times of the year.
However, this doesn’t mean that selling your home in the fall or winter is a bad idea. In fact, there are several advantages to listing your home during the colder months. For one, there may be less competition from other sellers, as many assume spring and summer are the only good times to sell. Additionally, the buyers looking for a home during the fall and winter months may be more serious and motivated to buy, as they may face a deadline like a job relocation or a growing family.
What Is The Best Time Of Year To Sell Your House?
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Ultimately, the best time to sell your home will depend on your circumstances. Here are a few factors to consider when deciding when to list your home:
Local Weather Patterns
If you live in an area with harsh winters or scorching summers, you may want to avoid listing your home during the extreme seasons. In this case, you may want to aim for the milder months when the weather is more comfortable.
School Schedules
Families with children often prefer to move during the summer months, as this allows them to settle into a new home before the start of the school year. If your home is in a family-friendly neighbourhood, listing it during summer could be smart.
Market Trends
It’s always a good idea to keep an eye on the local real estate market to see how it’s performing. If there’s a lot of demand for homes in your area, you may be able to sell your home quickly and for a high price, regardless of the time of year.
Ultimately, the best time to sell your home will depend on your unique situation. Whether you list your home in the spring, summer, fall, or winter, be sure to work with an experienced real estate agent who can help you navigate the selling process and achieve your goals.
Stewart, Brittany, Jeremy, & Victoria
Happy House Hunting & Selling
Want more details on the current market? You can find more information about the current market here: London & St Thomas Association of Realtors.
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