As a homeowner, you may be wondering when the best time of the year to sell a house is. To help answer the question, we’ve rounded up the pros and cons of each season of the year.
From the fall to the summer, there’s a selling season that’s right for every homeowner. Let’s jump into everything you need to know about selling a house, no matter which time of the year you choose.
Knowing how to sell a house doesn’t have to be complicated or stressful. When you think of the busiest season in real estate, spring is probably what comes to mind. When the temperature starts to warm up, you’ll see more houses come on the market.
A busy spring housing season also has a lot to do with schools. For families looking for a new home, you often want to buy and move before school starts in the fall. Spring will give you plenty of time to list your home and find a new one before the school year.
Spring also has milder temperatures and fewer chances of snow. This is great for outdoor construction and exterior work.
In 2020, July broke typical real estate trends. July was the busiest month in the real estate market in the United States. Summer is another great season to sell your home. The weather is beautiful, and you’ll see more home buyers looking at homes.
Summer also gives enough time for families to find a new home before school resumes. With great summer weather, you’ll also see an uptick in construction. You’ll be able to do renovations and repairs before the weather turns.
With much of the country shut down in the spring, summer offered a chance to move. Buyers also saw some of the lowest interest rates on record in 2020.
Even though temperatures start to drop you’ll still see some advantages to selling your home in the fall. You’ll also still have plenty of construction time at the start of fall.
You’ll see buyers looking to get a deal on houses that went on the market earlier in the summer as well. This could be a chance for you to save money on your new home. Fall also provides one last chance to move before the holidays.
Although the weather can be a bit dicey in the winter, there are still advantages to selling your home in the colder months. The biggest advantage is that you’ll have less competition. In the winter, you won’t be competing against as many houses for potential buyers.
With a more limited inventory, buyers may pay a premium for your home. If you’re hoping to move in the spring, putting your home on the market in the winter gives you plenty of wiggle room.
Best Time of the Year to Sell a House
So when is the best time of the year to sell a house? There is no one size fits all answer. The best time to sell a house is when the time is right for you and your family.
Knowing when to sell a house is a question only you can answer for sure. Think about when you’d like to move and when will best fit your needs.
With pros for every season, you can find advantages to selling your home any time of the year. For more finance and real estate tips, head to the blog section for great resources and advice.