Did you know that home sales are predicted to reach a 15-year high in 2022? It comes as no surprise considering the real estate industry has seen a tremendous amount of activity. With millions of home sales last year, this makes it a great time to sell a property and get a good price for it.
But the housing market can be unpredictable in certain parts of the country, making it difficult to know when to sell your home. Are you unsure of when you should list it? Check out this handy guide to figure out the best time of year to sell your house.
Consider the Market
The first thing to consider before you list a property is whether it is a buyer’s or seller’s market. This will affect the demand for your property, and how much you might get for it. If you have a house for sale, it’s better to have a seller’s market with low inventory that makes buyers compete and offer high prices for homes.
Understand Seasonal Fluctuations
Historically, spring is usually one of the best times to list a home. May used to be the prime month, but in recent times the market has been heating up as early as March. In the past activity often cooled in August due to holidays and back to school, but this year has been the exception with sales continuing into fall and even winter.
Get Professional Help
If you still aren’t sure about when to list your home, you can always get the help of a local real estate agent. They can give you an overview of the market in your area, and then help you figure out what price you should ask for.
Know the Local Housing Market
One of the most important things to take into account when selling property is the market in your area. Different locations can experience housing booms and busts that don’t align with the rest of the country. This can be due to a variety of factors, so do your research before jumping into the market.
Try a House Buying Service
If you don’t want to go through the hassle of listing and showing your home, there is another option. You can contact a home buying company in your area. These kinds of companies will give you a cash offer for your property, so it’s worth doing some research if you think this is the right option for your situation.
Ready To Sell Your Home?
Now that you’ve learned the best time to put your property on the housing market, you can make an informed decision. And don’t rush into listing it until you feel comfortable doing it. Remember, the best time to sell a home is when you are ready!
Did you find this article helpful? Want to learn more about similar topics? Then head over to the Real Estate Tips section on this site for more useful advice!