Austin Says: February 10, 2010 at 8:26 am
I’m most likely going to put my house up for sale sometime this year. How does weather (winter vs spring or summer) play a role in selling homes? I think it’s a safe assumption that more people shop for homes in the warmer months so you increase your buyer pool, but there’s also probably going to be more homes for sale which leads to more competition. Do you recommend particular times of the year for sellers to list their homes? Thanks!
I’m sure it just sounds like I’m trying to get you to list, but right now really is a good time to get your house on the market. Spring is generally the time when the most houses are sold. This year we have the added incentive of the tax credits to help us. You have to have an offer accepted by April 30th to take advantage of the tax credits. For people to see the house in time for that, and to decide that it really is a great house for them, we need some time to advertise it.
I would say that getting your house listed by the end of February, or early in March is wise, IF YOU ARE READY. Remember, the decision is totally up to you and you must decide what is right for your family.
Conversely, the “holiday” season in November and December tends to be a little slower for real estate. Buyers during that time are more focused, and you will see fewer showings, but they are more serious. In the Spring and Summer you are more likely to get people who are just out looking with no real intent to buy.