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