The need to sell your home can arise at any time in our lives. Getting a good deal for your home is the ultimate dream of every homeowner, but depending on its geographical location, constituency, region, and neighborhood, your home might sell at a higher price in one time of the year (a season) as compared to the other.
So, here are how you should sell your home depending on what season and month of the year it is.
1. Consider your location:
When thinking about selling your home fast for some quick cash, many people think that the spring season (March, April, and May) is the best time to secure good deals, but it is not true everywhere.
It is a rough time to sell in locations like Arizona, Florida, Louisiana and California because these places have intense weather in the spring season, worsened by intense heat, hurricanes, and tornadoes. According to several sources the best time to sell in Texas is March through June.
2. Consider The Season:
Every location has its own “hot season” which is considered to be the best time for selling the homes and getting good deals. It’s all about the supply and demand theory, the higher the demand, the higher the prices and so on. However, here is a quick insight into all the seasons and how they might impact the real estate market.
- Spring: Spring is your best bet to sell the home in areas where the weather becomes quieter at the start of May and the wind gets blowing swiftly. You’re most likely to sell your home 15.8 days faster than the average.
- Summer: This season is the uncrowned champion of the real estate market in most of the regions around the world. In fact, top real estate deals regard June 28th as the best day of the year to close a great deal. But competition during the summer is very high and closing a reasonable deal might become a difficult task.
- Fall: Fall is considered as the best time of the year to sell a home in the areas where summer is too hot, and winter is too cold to visit around in search of a perfect home. Best time of the fall is at the start of April.
- Winter: In most of the constituencies, winter is regarded as the hardest time of the year to sell a home. But in areas where resorts are in abundance, they have the best deals in winter.
3. Consider your amenities:
For example: If your home has a pool it is best not to put it on the market for sale until spring time rolls around and the weather starts getting warmer. Most buyers who specifically want a pool are not on the hunt until the warmer time of the year.