In today’s real estate market, the demand for homes is higher than ever. If you’re wondering when the best time of the year is to sell your house, you’ve come to the right place. From winter to spring, there are benefits and drawbacks to every season of the year.
When it comes to selling a home, there’s no universal right or wrong time. Whether it’s kids in school or colder temperatures, we’ll go over common myths regarding selling homes every time of the year. Let’s jump in and see which season is the right one for you.
Selling Your House in the Winter
If you think the winter isn’t a good time to sell your home, it’s time to take a deeper look. While temperatures are colder and fewer people want to move during the holidays, this may actually work to your advantage. With everything going on in the world, there is a shortage of homes available to buy.
In the winter months, inventory tends to dip even lower. If your home needs a little work, winter may be a great time to sell. You’ll have less competition for your home and less competition for a new home to buy.
If you wait until the spring or summer to buy, prices may be higher, and competition will be stiffer for you on the buy-side. Winter is also a great time to appeal to buyers looking to renovate. They can close on the home and book contractors in time for the weather to change.
Selling a House in the Spring
Spring has long been known as the most popular season to move. This is for two main reasons. First, the weather is changing making it more favorable to go tour a home and see outdoor spaces.
School is another big reason for families with young children. If you’re moving during the school year, it can be tough to transition kids in the middle of the school year. If you sell during the spring, you’ll be able to get a buyer who can close once school has wrapped up for the year.
If you have children yourself, selling in the spring allows you to wait until their school year has finished before starting your move. One drawback to selling in the spring is that movers, contractors, and realtors tend to be ramping up for their busiest times of the year.
Selling in the Summer
The summer is one of the busiest seasons in real estate. With warm temperatures and kids out of school, more people are moving, looking at homes, and doing home construction. This can be a positive and a drawback for some home sellers.
For many home sellers, the summer is popular because they still have time to find a new home before school begins. The weather is also ideal for exterior and interior construction work. Contractors are in full swing, and projects can be completed quicker without weather delays.
One negative to selling in the summer is that there are a lot of other homes on the market. If you’re selling a home that needs work, you’ll have more homes to compete with. When you go to buy your next home, you may also see slightly higher home prices than you would in quieter times of the year.
If your budget for a new home is tight, you’ll want to consider what home prices are like in the summer. While you may get more money for your current home, will you be able to afford your next home?
Selling Your House in the Fall
Selling your home in the fall comes with a lot of perks. To start, the weather is still favorable for home touring and being able to inspect landscaping and gardens in full bloom. You’ll still see a lot of foot traffic with people shopping for homes.
Selling your home in the fall is also a great opportunity to sell and move before the rush of the holidays. During the holiday months, people often hunker down at home to accommodate entertaining and hosting guests. Selling your home in the fall will also appeal to people looking to do some projects on the home before the weather changes or the holidays begin.
When you’re selling a home that needs a lot of work, the fall may be difficult. People looking to start major renovations may have to wait until the spring. This is where a cash buyer who’s looking to buy your home as-is may be a great option to explore. There’s no need to wait for picky buyers, relators, and seasonal market conditions to sell your home.
How to Sell Your House Anytime of the Year with a Cash Offer
Whether you’re looking to sell your house in the spring, summer, winter, or fall, there are positives and drawbacks to every season. There is no universal right or wrong time to sell. The important thing is to think about when the best time for you and your family is.
With the current chaos in the real estate market, selling to an as-is cash buyer may be the simplest option. Regardless of the season, your home will be evaluated, and you’ll be given a fair market price for your home. If you’re interested in learning more, fill out the contact form here to kick off the process of selling your home.