If you’re ready to list your home on the real estate market, it’s important to know the best time to list it to ensure you can find a buyer quickly. If you list it at the wrong time, the property may sit for too long and lose value. There are a few times when the market is known to be “hotter” than other times of the year. Read on to learn more.
List Your Home in the Summer or Spring
The summer is known as the best time to sell a home because it’s when many families relocate before the school year starts. The warmer weather also makes it easier for buyers to shop around without trekking through the rain or snow.
Historically, May is known to be the best month to sell a home to earn a higher profit. However, March has been shown to be an ideal time to list a house in recent years. Thursday is also a great day to list your home because many buyers start to visit properties on the weekends when they have time off from work. Try to avoid listing your house on a Sunday, which can cause it to sit on the market for eight days longer.
Talk to your real estate agent about scheduling an open house the same weekend that you list your property to garner more attention. This will create more excitement and buzz and will make it easier to attract more buyers at once.
Your Location Influences When to List Your Home
“Location, location, location” applies to the best time to list, too! Some areas are more in demand than others. At The North Star Team of Keller Williams Legacy, we keep track of current neighborhood trends to give you the best recommendations on the right time to list your property.
Nationwide, homes tend to sell a lot faster in the spring and summer seasons. This is also when homes sell for more money compared to other times of the year. When the weather is good, buyers are more prone to visit open houses and take tours of properties, which can make it easier to schedule more showings.
What if You Need to List in the Winter?
Although it’s advisable to wait until spring or summer, sometimes that’s not a realistic timeline and families need to list in the winter. Fortunately, there are some benefits that still come with selling your house at this time of the year. Buyers in the winter tend to be more serious and are trying to meet deadlines. The lower inventory can also mean that you have less competition in the local area.
Ultimately, the best time to put your home on the market is when you’re ready to sell! If you’re interested in listing your home, reach out to The North Star Team of Keller Williams Legacy in Baltimore, Maryland. Our real estate professionals will offer their expert advice and help you list your property at the right time to ensure you can attract more buyers.
