| "When is the best time of year to sell my house" is a | | | | of winter than a buyer's market in early spring. |
| common question asked by home owners. The | | | | Besides understanding current market conditions it's |
| answer is "it depends." All things being equal, there | | | | also important to understand where the market is |
| are more buyers looking for homes in the spring and | | | | going. Now, no one has a crystal ball that enables |
| summer than the fall and winter. However, there are | | | | them to predict exactly what's going to happen in |
| typically more homes available in the spring and | | | | the future. But, there's usually a general consensus as |
| summer. Do you want to sell your home when | | | | to where the market is trending. If the market is |
| there's more competition? If you're concern that | | | | slowing down or transitioning to a buyer's market you |
| your home won't compare well due to its condition | | | | may be better off getting your house on the market |
| than you may actually be better off selling when | | | | sooner rather than later. |
| there's less competition in the fall or winter. On the | | | | So, when is the best time of year to sell my house? |
| other hand, if your home is in superior condition you | | | | As you can see, the answer to this question is a little |
| may get a better price in the spring and summer | | | | more complicated than most people realize. Simply |
| when there are more buyers out looking for homes. | | | | picking a season in the year is too simplistic. You |
| Seasonal trends are an important consideration. | | | | want to place your home on the market when |
| However, it's actually not the most important | | | | conditions are optimal for getting the best price. If |
| consideration. The most important consideration is | | | | the market is telling you that now is the best time to |
| your personal needs. Presumably, there's a reason | | | | sell your home than that's what you should do, no |
| why you're selling. Your personal timeline and | | | | matter what the calendar says. On the other hand, if |
| requirements should be paramount. The second most | | | | things are slow and projected to get better in the |
| important consideration is current market conditions. I | | | | coming months you may choose to wait a little, |
| rather sell my home in a seller's market in the dead | | | | assuming you have some flexibility in your plans. |