Homes in the US spent an average time of 31 days on the market in the last year. This has been the lowest amount of time recorded in over 15 years!
It’s no secret that houses are selling quickly, but many people don’t know how to achieve this success that they hear about. Are you looking to sell your property and move on to something better suited for you? Do you want to sell quickly? Chances are, you’re aiming to let your house go as soon as possible.
Continue reading to learn some of the best times to sell a house so that you can move out and move on ASAP.
Consider the Seasons
The best time of year to sell a house is when people are looking to move. For many, this time is late Spring and Summer. Listing your home in March, April, May, June, or July will help your home sell quicker than it would if you put it up for sale in the Fall or Winter months.
Why is this?
For one, people want to be out looking for houses and move when the weather is best. Trudging through the snow to get to open houses and move your bulky furniture isn’t ideal. So, to avoid this, many people don’t look during snowy months.
If you live in an area that doesn’t get cold weather or snow, does it make a difference?
Still, yes, because if the parents are concerned about their child switching schools during the middle of the year, moving towards the end of the school year allows their child to finish up the full year before transitioning at the beginning of the following school year.
So, overall, if you can aim to list during this time of year, you will be in a good position.
Consider the Days of the Week
If you’re wondering when to sell a house, but you don’t have the time to wait for it to be the right season, then you can still assess when to sell based on the days of the week.
When people are house hunting, they’re still working and fulfilling other responsibilities. Because of this, they’re more likely to schedule a showing on the weekend than any other time of the week.
Listing your home on a Sunday or one of the following days would mean that people have to wait several days to view your home and make a purchasing decision. Whereas if you list your home on a day leading up to the weekend, like Thursday or Friday, they will be able to make it out much sooner.
Try listing your home one to two days ahead of the weekend and then having an open house on the weekend. This leaves plenty of time for people to see that your home is available, and they’re more likely to have free time in their schedule.
Consider the Overall Market
If you’re thinking about selling your home to move to something better suited for you and your family, but there aren’t any major time constraints, the best move is to wait for the housing market to favor sellers before listing.
This will help you to sell your home more quickly and more than likely for more money as well. When thinking, “is it the right time to sell my house?” an easy way to get an answer is to do a quick Google search. However, an even better way is to talk to a real estate agent.
They know the ins and outs of the market, especially in your specific area. They will be able to help guide you and pinpoint the best time to list your home based on your neighborhood’s housing market trends, desired sale price, and the specifics of your house.
Consider Your Needs
When discussing when to sell a house, part of the decision depends on your unique situation.
For example, it’s not going to be the right time to sell your home if you know that some renovations need to be done to get the most money or if there are major issues that need to be fixed first.
It also wouldn’t be a good time if you need to have another living situation lined up and you don’t have it figured out yet.
Selling a home is a big life change, so it’s crucial to have your personal affairs in order before listing, no matter how bad you’d like to take advantage of the right conditions.
While it can take months for home sales to go through, if the market is hot and you get an all-cash offer, it might be a matter of weeks before you need to make this major life change. So, the best time to sell is when you’re ready to do so.
The Best Times to Sell a House Quickly
When you decide to sell your home, you undoubtedly want to be sure that it’s going up for sale during one of the best times to sell a house.
This way, you can sell it quickly and for the highest amount possible.
This article highlighted things to consider to make a decision about when to sell, including the time of year, the day of the week, the housing market, and your preparedness. If you consider these things, you will set yourself up to sell your home as quickly as you possibly can!
If you enjoyed reading this article and would like to read more helpful information, please check out the rest of the site for more.