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Thinking about putting your home on the market? Wondering when you can attract the most potential buyers in YOUR area and make the process as smooth as possible for yourself? Check out our latest post, where we’ll guide you when is the best time to sell your home in Texas!
The Best Time to Sell Your Home in Texas
Is there a particular season that is better than the others?
It’s commonly believed that the prime time for homebuying is during spring and summer. With school breaks, increased mobility, and favorable weather for house hunting, these seasons tend to attract more buyers. Statistics indicate that warmer months witness higher purchasing activity, offering a larger pool of potential buyers. Consider kickstarting your home-selling journey with some spring cleaning to prepare your space, aiming to list your property sometime between April and June
If you’re selling a property in a warmer climate like Southern California or South Florida, the impact of cold weather is less of a consideration. Surprisingly, winter can even turn out to be a favorable time to sell, especially with the influx of snowbirds. During this season, you’re likely to have potential buyers from various parts of the country in the area, presenting a fantastic opportunity to showcase your home to a diverse and interested audience.
Are you ready to sell?
Before diving into selling your home, it’s crucial to assess your financial readiness. Selling involves expenses like repairs, clean-up, and enhancing the overall appeal of your property. Consider whether you have a specific moving deadline or need to secure another mortgage for a new home. These factors can exert pressure, potentially leading to stress and even compromising your selling goals by settling for less than expected.
Is your family emotionally prepared for the move? If relocating isn’t an urgent necessity, take the time to evaluate whether it’s truly the optimal moment to proceed. Consider factors such as your children’s proximity to completing their schooling and your attachment to your social circle, job, and community. Ensure you’re confident in your decision before making such a significant choice that will impact your family’s well-being.
What the stats say:
On a national scale, properties listed between May 1 and May 15 tend to sell approximately nine days quicker and fetch nearly 1% higher prices compared to the average listing, as reported by Zillow. However, it’s essential to note that your real estate agent’s guidance may vary depending on specific local market dynamics.
When it comes to choosing the day of the week to list your property, Saturday proves advantageous as it’s when most individuals have leisure time to explore listings. Additionally, since listings are often sorted with the newest ones displayed first, listing on a Saturday increases the likelihood of your property being seen by more potential buyers. Following closely behind, statistically, Friday ranks as the second-best day to list your property!
In certain regions, homes are fetching 1-3% higher prices during the month of May. Take the time to conduct thorough research on annual housing patterns specific to your neighborhood. If you need assistance or have inquiries, LJE Property Solutions Buys Houses is here to support you in examining historical trends!
Being Different Can Be Beneficial
While summer remains a popular choice for selling, there’s merit in considering alternatives to follow the crowd. Selling during the offseason can hold its advantages. Though your buyer pool might be smaller, competition among available homes will likely be reduced too. This presents an opportunity to showcase your home uniquely, potentially yielding greater rewards amidst less market saturation. Stand out from the neighboring properties and seize the advantages of a less crowded market!