What Is the Best Time of the Year to Put Your Home on the Market

House resting on a calculator
BigStockPhoto

When it comes time to sell your home you have a lot of decisions to make, not the least of which will be when to put your home on the market. Many first-time sellers go into selling their home blindly without knowing the vital information that will help them sell their home faster and get the best price possible. One of those pieces of vital information is the best time of year to put your home on the real estate market, and it might make the difference between selling your home quickly and waiting several months to get the price you want. Before we discuss the seasons in detail, there are a couple of factors that you should get right before you even decide when to list your home, because without taking care of these issues, you could choose the best possible time of year to sell and still not have any results.

The Condition of Your Home Matters

Remember that you need to ensure your home is in the best condition possible before you list it. If you want to sell your home in three months, you should begin working on it right away. Even if you want to move out in six months, you should start immediately because you want to give buyers the impression of a home that is ready to move into. That means that maintenance and repairs that you have been putting off should be done as soon a possible so that the buyer doesn’t have to think about the work that they will have to do if they buy your home. In addition, your home needs to be stripped of your family’s identity before you start showing it to potential buyers. That means giving every single surface the white glove treatment, removing personal items and furniture that clutter up a room and possibly even bringing in different furniture to make a room look larger or to accent it better.

Pricing is Very Important Too

If you don’t price your home right, it won’t matter what time of the year you list your home because buyers aren’t going to be interested when there are many other competing homes that are priced correctly. Your real estate agent is your best source of information when it comes to pricing. They can tell you what your home is valued at, what similar homes in your area have sold for and which price range is the “sweet spot” for customers in this market. Remember that if you overprice your home at first, even if you lower the price later, buyers will wonder why the home was on the market so long without selling.

Spring & Fall Season

Spring has traditionally been touted as the best time of year to sell your home, but that is a generalization that might cost you because new market research has shown that your best time of year to sell depends very much on where your home is located. Trulia conducted a study in 2012 that May and June are both great months for peak prices, in general, but if you’re in the southern U.S. March and April are the best two months. So, while Spring, in general, is probably the best time to list your home, you should also include your location in deciding when to list. However, fall is also a great time to list, as prices are at their peak and you can take advantage of the seasonal theme and show off your fall colors.

Summer & Winter Season

Sales tend to be best in spring and fall, but they drop off during the summer. This could be for any number of reasons, but it is important to keep in mind that while not as many homes are sold in the summer that could be a good thing. You will have very little competition if you choose to list in the summer rather than the spring and that could mean that you sell your home more quickly than if you had listed a few months earlier.

Winter is also one of the low points in selling homes. Buyers tend not to want to house hunt during the winter but if you decide to list during the coldest season any way you can always take advantage of holiday decorating to make your home sell faster and at a better price.

Similar Articles

When to Reduce the Price of Your Home

How to know when to reduce the price of your home for sale and what may be preventing buyers from scheduling a showing or making an offer.

property value

Many homeowners, especially in Australia, are wondering how they can increase their property value. Even if you are not interested in selling your house any time soon, it's good to know how to add value to your home. 

Online Sales Growth: The Role it Plays in Retail Real Estate

The advent of technology and a highly digital way of life has meant mostly good things for humanity and how we go about our daily lives. However, it may not have been exactly the best thing to happen to some industries, especially real estate.

Red House Keyring

Let’s paint the scene. You’ve acquired or scouted some property that’s perfect to rent out. You’re ecstatic at the opportunity, despite having no experience as a landlord prior to this. As far as you can tell, everything seems good - but this is a big undertaking

Villa

There are some tips on buying a villa for making money off it which is very important for you to know.

Winning the Right Home in a Competitive Market

There have been several hot markets around the country the last couple years and it can be hard for buyers to get the upper edge. Homes are selling for more than the listing price with-in mere days of being posted to the MLS. 

real estate market

“the customer is always right” is one phrase that you can never get enough of, especially when you see mediocre customer services being given at any outlet stores. The idea has been ingrained in the minds of the customers so deeply that they often overlook their own unreasonable demands. 

sold

Sometimes selling your home is just as exciting as buying it as this marks a new chapter in your life. To get that new chapter off to the best possible start, you want to be making as much for your old home as possible. Here we’ve rounded up some of our best tips for selling your home.

Apartment

There are lots of studio apartments around the world. There are so many people's around the world who are looking to rent a studio apartment. Dubai is a famous place. It’s a dream place for everyone to rent his or her studio apartment.