When is the best time to sell a home?
For sellers, the best time to sell a home is when inventory levels are low, in the dead of winter and between Thanksgiving and Christmas. High inventory means competition from other sellers. With the “always on”, mentality today, particularly in urban areas, buyers are always looking at listings and always in the market. I’ve seen buyers make offers on homes on Christmas Eve. If you are the only game in town, you will likely get their attention. It is important to know that if your market is affected by school schedules and it would be wise to hold off, if so. In more suburban or rural areas, the buyers simply stop shopping once their kids are in school and wait until the next spring. Know your market before listing. What works for one market, may not work for another. One thing I always say about listings is that if a home is priced right and shows well, no matter the time of year of or the market, it will sell.