Are you thinking about moving into a new home?
Before you start searching for your next dream home, you’ll need to figure out when you’re going to sell your existing home.There’s no magic formula for determining the best time to sell a home, but based on research there are several factors you should consider.
The Wrong Time to Sell
This likely won’t come as a big surprise: you should avoid selling your home during the winter holiday season. Tensions run high during the holidays and budgets run low. The result? Offers that do come in are often low. So as a general rule of thumb, avoid the month of December when selling a home. But if you must sell in the winter, don’t worry there are buyers looking all year round and as a seller there’s often a lot less competition in the cold winter months!
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.
In recent years, we’ve seen an buyers starting their search earlier than ever. I typically recommend to my clients that they consider listing in February to get ahead of the competition!
The Best Day for Selling
According to research, Thursday is the best day of the week to list your home for sale. By listing your home for sale on a Thursday, 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 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.
Are You Currently Thinking About Selling Your Home?
I have a marketing plan that will help you get your home sold! Contact Tanya for a no obligation discussion, call or text 203.919.7479 or complete the “Get In Touch” form on this page and I will contact you.
Tanya Nagyhetenyi specializes in Norwalk, CT Real Estate and additionally services real estate sales in the following Fairfield County, Connecticut towns: Darien, Fairfield, New Canaan, Stamford, Wilton, Westport, and Weston. She is licensed in the State of Connecticut.