When it's time to sell, it's time to sell. When we look at the best and worst time of the year to buy real estate, similar can be said for selling a home. A lot is based around the most active months and the current trends in the real estate market.
If you're already working with a broker to sell your home, they will outline the current and historic trends in your neighborhood and it's surrounding areas to determine if it's the right time to sell. This will be done by first completing a Comparative Market Analysis (CMA) to see what your home could potentially sell for and time frame in which it is expected to sell.
If you're selling your home on your own, it can sometimes be hard to know if it's the right time to tell. If you're unsure, feel free to Contact Us, we'll always give you some insights into what's happening in your neighborhood and if it's the right time to sell.
Is it bad to list my home over the December holidays?
In a sellers market, it generally won't matter when you list, you will get visits and sell your home very quickly. It just depends if you want to have visitors in your home over the holiday period.
In a buyers market or balanced market, listing in cold months of December can be advantageous so your property is prepared for spring market. You might also be listing before others so you can set the price a bit higher allowing adjustments to be made as other similar properties follow your price.
Thinking of selling and want to if it's the right time? Contact us today with the details about your property and any other questions you might have. We will provide you with a free Comparative Market Analysis (CMA) to find out the true value of your home and tell you if it's the right time to sell your home.