When is the best time to list my house?

We get this question a lot, and the answer is it depends….

Figuring out the right time to sell your home can help you maximize the sale price of and help take some stress out of the process. Here are our four tips when deciding when is a good time — both financially and emotionally — to sell your house.

1. MARKET CONDITIONS

People usually think spring is the best time, but consider the local market. What is the current days on market for homes in your price range? Is it a buyer’s market or seller’s market?

2. SUPPLY

You'll want to see what the supply of homes is in your price range to know what your competition will be.

3. THE ECONOMY

What is the economy doing?

Is buyer confidence up or down?

Are rates low? If so, this brings more buyers out looking for homes?

What’s the local job market look like? If it’s booming, it’s a great time to sell your home, as there are likely job seekers or recent transplants eager for housing in your area.

4. SEASONALITY

What time of year is it? Sometimes we find the busiest time of year to be the spring, but your competition could be higher during the spring.

This year we missed the spring season in real estate, so this year FALL might be the best season to list your home.

Bottom Line

The right time to list your home is usually when YOU feel it’s the right time. All kinds of personal factors can play into your decision to sell, from job changes to family changes. List your home when you're confident it's ready to make a strong first impression.

Once you’ve decided to list your home, there are lots of important steps that need to be taken to ensure that the process goes smoothly and you get top dollar. Plan for the “getting ready” part to take about two months.

This will give you ample time to research your local market, hire an agent you trust, clean your home, do repairs, take photos, and then sit back and watch the showings come in.

Questions about your home? Contact us a message anytime.