Best And Worst Times To Sell Your Home
If you’re planning to sell your house soon, there are a few best and worst times of the year that you should avoid. First, don’t list your house on Mondays. No one likes Mondays. If you can wait until Thursday, you can get more than $3,000 more for your property.
Deciding to sell your home in December is a good idea. The market is less competitive so more serious buyers may be interested in your property, which could result in a faster sale. You will also have less competition which could allow you to set a higher price. However, you should make sure to stage and price your home correctly.
The seller premiums are lower in October and December than they were in May. These months’ average seller premium is 5.8%. This is about half the amount sellers can expect from a May sale. Despite these disadvantages, you can still get a great deal if you sell your home in a seller’s market.
The worst time to sell your home is January. January is the least popular month for selling homes, so houses stay on the market for longer periods of time.
The best and worst time to sell your home depends on the time of year. In general, the worst time to sell your home is December or October. This is because sellers have the least success making sales or reaching their asking price in these months. Still, if you are in a seller’s market, you can still get a good deal in the cooler months. In the winter months, you can find buyers who are in the market for a new home.
The best time to sell your home is usually in March. While traditionally, the best time to sell your home is May, it has moved to March in recent years. December is the worst time to sell your home because the seller’s premium and inventory are both 3.3% higher.
There are several things you need to consider when selling your home. Whether you are selling your home for personal reasons or to make a profit, there are certain times when a home will sell faster than other times. One of the best times is during the summer, when demand for homes is high, and the weather is warm.
The first few weeks of a home’s listing period will see the most intense interest, resulting in competitive bidding. During this period, buyers will view a property as “fresh”. After this period, buyers may start to get suspicious, assuming there is something wrong with the property. By mid-September, a property will look aged and unattractive to buyers.
In addition to weather, timing is also a major consideration. According to ATTOM Data Solutions, May and June are the best months for selling a home. These months tend to sell homes quickly, and they are also likely to fetch higher prices. July and August are quiet months for the property market.