When is the best time to sell your house?

Dated: 03/01/2020

Views: 93

When is the best time to sell your house?

With spring on the horizon and temperatures rising, the real estate market is starting to warm up again. One of the most common questions we get is when the best time to sell your house is. Is it better to list early spring or late? What month provides the best chance to sell high and to sell fast? Is this spring the right time to list your house? Read on for a few timing tips, and then be sure to join us for our free seminar on Thursday, March 12th from 5:15-7pm at the Wenatchee Chamber of Commerce. We'll be answering these questions and more.

The Magic Month

Nationwide, the best month to sell your home is in May. In particular, it is best to list your home between May 1 and May 15. Homes sold in the first half of May sell six days faster and for $1,600 more than the average listing. And homes listed on a Saturday receive an average of 20 percent more views in the first week on the market compared to homes listed on Tuesdays.

There are several reasons why May is such a booming month for real estate. People tend to simply be more in the mood to shop for homes when the weather gets warmer. In addition, the weather in late spring tends to be much more conducive for moving than winter months. In addition, in May the school year is wrapping up, so it's a convenient time for families to move. These factors mean the summer months can also be a popular time to sell; however, the heat of the summer as well as vacations tend to make these months a little less busy than May.

Other factors on timing

While conventional wisdom would suggest listing in May, there are a few other factors that impact the ideal time to sell a home. These factors include job growth, mortgage rates, and tax incentives. Various regions of the country can also differ slightly in terms of the ideal window, and in some areas the market tends to pick up as early as April.

At Augustedge, we are always closely watching the market. We know the ideal time to sell can vary with both factors in our community as well as your own personal needs and preferences. We look forward to working with you to determine the best timeframe to list to get your home sold fast.

Information found on zillow.com

Blog author image

Tricia McCullough

From farming in Warden, WA, to living in Australia and then back to Wenatchee, I’ve always been profoundly aware of the fundamental need to help others. Whether through their financial picture or he....

Latest Blog Posts

8 Ways to Make Your Yard Fabulous

Spending more time at home this summer?While some restrictions are lifting, this summer many of us are still spending more time at home than we are accustomed to. Summer camps are canceled, travel

Read More

Selling a Home During the COVID-19 Crisis

A lot has changed in our lives in the past two months. In what is usually the busiest real estate season of the year, many are questioning whether or not now is the time to sell. However, due to a

Read More

Home Buying Tips for Investors

Buying a home as an investment is a vastly different process than buying a home for yourself. One of the primary differences is looking at properties purely from a financial lens, and not through

Read More

Busting Home Buying Myths

Buying a home, especially for the first time, can be intimidating. There are many myths that surround the home buying process. These myths often dissuade people from pursuing their home buying.

Read More