Times are changing and you’re thinking about moving the family into a new home. But before you start searching for your next dream home, you’ll need to figure out when you’re going to sell your existing home. And while there’s no magic formula for determining the best time to sell a home, there are several factors you should consider.
Should I list my house for sale in the winter?
While there are typically less buyers shopping over the fall and winter months, those that are shopping tend to be more serious than at other times of the year.
The best season for selling
Conventional wisdom dictates that spring is the best time to sell a home. In spring, the holidays have past, the new school year is still a while away, and gardens and other outdoor spaces tend to look their best. And while spring is the season that sees the largest amount of buyers, it’s also the season when inventories are highest. This means lots of competition, so if you’re going to sell in spring, you really need to get your property to stand out with effective marketing and staging.
The best day for selling
According to research, Thursday and Friday are the best days of the week to list your home for sale. By listing your home for sale on a Thursday or Friday, you can make it available immediately for weekend showings. Come Saturday – the busiest day for real estate – your home will have only been on sale for one or two days, which is great for attracting full-price offers. In general, the shorter amount of time your home remains on the market, the higher the offer you’ll receive.