You want to sell your home, maximize the amount you sell it for and get it sold in a reasonable amount of time.

While there’s no horrible time of the year to sell your home, there are better times of the year to put it on the market to get the best results for yourself.

We’ve done the research and the results are in.

Here’s the best time of the year to sell.

And the winner is…

Life happens and sometimes, you just don’t have a say as to when you need to move. Children are born and you need more space. New jobs are obtained and you have to move to another part of the country. Marriages happen and you need a new place that represents both husband and wife.

With that said, if you have the opportunity to control when you’re going to sell, there are better times of the year to put your home on the market to sell.

There is one caveat.

As you review the data that we’ve shared below, it’s important to remember that the season of the year is only one factor that can impact the price of a home and the time it takes to sell. There are several other economic factors at play like interest rates, supply, demand, new construction in your area, schools, political influences, etc. that can impact pricing and timing.

Other than that, with all things being equal, Spring narrowly edges out winter as the best time of the year to sell.

As you can see, spring offered the best chance of selling above list price and of selling within 30 days. Upon closer inspection, you can also see that winter, expected to be the slowest season in which to sell a home, was a close second.

Overall, 18.7 percent of homes sold for above asking price in the spring. Not far behind, winter listings secured the second spot at 17.5 percent.

At the same time, 48.0 percent of homes listed in spring sold within 30 days and 46.2 percent of homes in winter achieved the same results.

Granted, there may be fewer buyers looking for a home in the winter, but the folks who are out in the colder weather happening in most states are far more serious buyers. Most buyers looking to purchase a home during the winter are doing so out of necessity rather than desire.

Consequently, they are much more likely to make a solid offer on a home and want to close quickly...exactly what we’re looking for from a motivated buyer.

In addition to that, there’s significant reduction in the number of people who actually put their home on the market in the winter (27.3% less) versus the spring.

Clearly, springtime experiences a an onslaught of new listings to the market, making it harder for a listing to stand out. With so many fewer sellers listing in the winter, your home can shine for the serious buyers who are out looking to make a deal.

Just as surprising is the information pertaining to homes listed in summer and fall. Folks who were looking to selling quickly and capture a better-than-full-price-offer achieved their goal less often.

Autumn listings were 21.4% less likely to sell over list price and 14.7% less likely to sell in in 30 days or less compared to spring.

 

Call Rhonda, 352-266-2637 for the statistics of your neighborhood sales.