I have been asked lately when is a good time of the year to sell your home? But each neighbouhood and each home is different and so it's very likely your target audience will be different. Here are 5 points to help you decide.
People tend to search for homes during Spring when the weather gets warmer, also when taking into consideration tax refunds and gardens looking their best itís easy to see why spring is typically the most popular time to buy and sell homes.
Many of the same reasons buyers search in the spring apply to home buying in summer as well, warm weather and simply having more hours of sunshine for viewings. Of course, summer is the school holidays, so depending on your target audience that might account for a bit of a slowdown.
Many buyers searching early Autumn may be trying to move in time before the weather gets bad, and those time sensitive buyers can be a benefit to sellers. However, many buyers are moving because they are relocating, changing career, up sizing, down sizing etc... so they can also be more sensitive to price. Make sure youíre ready to move quickly if you do find a buyer though because after October the market tends to slow down.
While it is important to identify your buyer and understand their time scale it is also important to note that there are tactics that can be applied to a slow time of the year that can yield better results so if you circumstances do not allow you to wait and you are ready to go then you should not hold back. Prepare your home, choose the right agent, price correctly and launch!