WHEN IS THE BEST TIME TO SELL A HOUSE? | HOUSTON REAL ESTATE
Do you know when the best time to sell your house is? Do you think it’s in the summer or perhaps in the winter months? Let’s find out!
SELLING IN THE SUMMER
Summer time, the hottest season for real estate. Or is it? Well, school is out, people are moving around like crazy and buyers are in abundance. It really is prime season!
But one thing a seller should note when it comes to listing their house for sale in the summer, you will have more competition to go up against. However, depending on the condition and price of your house it could result in multiple offers, or longer times on the market with no offers.
If selling before summer is your goal, I would list right before summer time actually starts.
SELLING IN THE WINTER OR FALL
Most sellers have their reservations about selling in the winter months, but it could prove quite lucrative.
During the cold winter months, there isn’t much inventory which means serious buyers shopping around this time have limited houses to choose from. What does this mean for you? No inventory means limited to no competition!
We have had some of our best months in the winter, so if that doesn’t tell you something, I don’t know what will!
WHAT ABOUT HOLIDAYS?
Selling during the holidays can be challenging, but can also give you certain opportunities you wouldn’t normally think of.
For example, in December a home can be dressed up for all of the festivities and make for a warm and inviting feeling to a buyer. It gives the buyer the ability to visualize themselves and their family spending the holidays together in their new home.
In the end, selling during this time really depends on you and if you are comfortable moving before the new year or shortly after.
Regardless of when you decide to list your house for sale, you need to know the current market conditions and if they are favorable to you as a seller. It’s important to know both the hyperlocal market (your individual neighborhood & immediate surrounding area) and the general market area in Houston as a whole.
SO WHEN IS THE BEST TIME TO SELL?
In our opinion, the best time to sell is whenever you are ready. There is no straight answer to this question and you can see why. There are pros and cons to each time of the year, and which works best for you is something for you and your agent to decide.
Do you want a more in depth review on what selling your house looks like now compared to 6 months from now? We will break down all the data with you and together we will develop different pricing strategies that work for you. Give us a call or schedule a listing consultation here.