Why Is Spring the Most Popular Time to Sell Your Home?
It's no secret that Spring is the most popular time of the year to sell your home, but have you ever wondered why? In this post, we will explore why that might be and if it is the right time for you to sell your home or if you should wait. Please feel free to contact CENTURY 21 North East if you have any questions about selling your home or want an estimate on your current home.
Spring signals the shift from cold winter months to the warm days of summer. Many families want to coordinate their home buying and selling process with the start and end of a school year to be sure that they are comfortable and acclimated in their new home and community before it's time to head back.
Spring also brings improved curb appeal. Trees, flowers, and grass start to bloom which allows people to really see the beauty and potential of your home. Not to mention, houses show better in the spring, especially in places with snow, with less stuff being dragged through your home.
The longer days and timeline of school schedules mean more foot traffic as the inventory of homes increase. It also means that potential buyers have more time to browse and therefore tend to be pickier about which home they chose. With competition so fierce, it's important to be sure that any small repairs to your home have been made and that your home is in tip-top shape.
If you don't have time to make improvements to your home or if you're not on a tight deadline, it might be worth waiting to sell your home for when the market is a bit less competitive. Often during the other seasons, buyers have a reason, such as a change of job, and have a quicker timeline. This means that they don't have as much luxury to take the time to search for a new home, so if you place your home on the market during the "off-season," it may bring a bigger chance of a quick sale.