Profile picture for Luckytoday

I would like to place my home on the market the next 6 months. Is spring the best time?

  • September 25 2011 - Johns Creek
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Answers (21)

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  • November 12 2013
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It depends on your market. Where do you live?  If in a resort or warm weather client winter can be a great time to list.  If you are in a major metropolitan area that is not a resort or winter destination than spring would be etter, in my experience.  I would suggest contacting a local broker.  Best of luck.
  • November 15 2011
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Profile picture for TopNJAgent

Hi Lucky, curious what you decided to do since you posted late September.  We are now very close to the holidays and the market will slow down as we move through this period.  I agree with prior posters that while the market slows, buyers that are in the market are very serious.  When the Spring market comes, there will be more buyers, but also many more listings with which you will compete.

My advice is to list when you are ready - and then to price very well out of the gate so that you capitalize on the early period of your listing when interest is highest.  The first 30-45 days is key, and interest drops off dramatically from there. In my experience the sellers that do that sell quickly and for top dollar.

  • November 11 2011
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Profile picture for sunnyview
The buyers out there during the holidays may be "serious" but the overall sales prices and market competition is generally lower over the holidays so it's a matter of picking your poison.

The best time to buy in my local market is between the end of November and the beginning of January. The sellers are often ready to sell because many times they have been on the market since the spring and there is little or no competition so I can offer less overall.
  • November 11 2011
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The holiday season is fast approaching. Some say this is not the best time to market a property but consider this: any buyers out there during the holidays are serious, and should be considered viable candidates to purchase.

I find that another great time for activity is late January to early February. Another misconception is buyers activity during summer months. Many think this should be the best but history shows they are camping or vacationing and not buying homes. There are always some who follow the thought of cliches.

Your best strategy is prepare your home prior to marketing. Inspection & reports, repairs such as painting and carpet, then staging for a sale and not decorating to live in......oh yeah ...... price it to sell - not just market! Have a professional assist you with their experience as the way to proceed. You do make your own good luck.
  • November 11 2011
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I kind of agree with you about spring being the best time....theorhetically!  And here is why.  During the last 3 years in 2009-2011 the spring months of March-April-May fell far short of expectation in terms of  the volume in  of homes sold and dollar volume a sa whole as they had before '09. The money markets and national trend and press semmed to contribute to seasonal volitility in our market.

Normally we believe there is a natural ramp up of homes to market as we come out of the winter months, though this has not been the case in San Francisco.  Sometimes the market floods at this time, or other times it doesn't.  In either case there are benefits and drawbacks.  ie...too many homes to market makes a buyers market, too few a sellers market.
 
In terms of timing - talk with your Realtor about your location, the recent sales and annual sales trends in the area, your personal needs and build a strategy based upon what your final goal is, rather than hoping to "beat the market". For instance, during holidays...motivated buyers are out looking in earnest.  

A knowledgeable professional will be able to guide you properly to your successful sale at any time of the year, through appropriate pricing and strong marketing.  In San Francisco our market changes rapidly, nearly every 3 months.  Sometimes waiting is NOT to your advantage.  If you cannot achieve your goal in todays market - then you may have cause to wait until there are significant market chagnes that will contribute to your reaching your sales goal at a different time...and then wait.
  • November 10 2011
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It doesn't matter when you list your home for sale.  There are more buyers in the spring, but also more competition from sellers.  Also, sometimes the buyers who are willing to pull the trigger during the holiday season are the most motivated.  If you list in the late fall/winter you need to be cognizant that it gets dark early, so you will need to accommodate earlier showings or open houses.  It is impossible to predict when the right buyer(s) for your home will be looking, but if you hire an agent who can help you price it right, stages it for best impressions, and markets it properly you will not have trouble finding a buyer in any season.
  • November 09 2011
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Spring is typically the strongest period to sell a home, however there always buyers. Just like you as a seller are looking to possibly sell now there are also buyers looking to buy now. If you decide to wait then spend your time wisely in picking the best agent, determining how to stage your home, etc.. so when you do decide to put your home on the market you will be as prepared as possible. Good luck!

  • November 09 2011
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It depends on your local market. In many area's spring is an awesome time to list your home. People start thinking about moving in the spring and may pull the trigger close to school being out. 
    The real estate ususally slows down once school starts in the fall, you should contact a local realtor and ask for a Market Analysis.  
  • November 09 2011
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All good answers. It's true though, it comes down to your schedule and when you feel most comfortable doing so. There are buyers year round. And home prices are not moving substantially. Talk to a local Realtor and get some comps to see what you might be able to sell it for!
  • November 09 2011
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It's a popular misconception that spring is THE time to list. The reality is, all we know is the market that is happening now. No one knows for sure where the market or the interest rates will be in the spring. The interest rates affect you as a seller because they dictate buyer's purchasing power. A buyer out there now is most likely a serious one, more inclined to make an offer, versus the spring where there could be more buyers, but less motivated ones. There will also be more homes on the market in the spring, and therefore more competition. My advice is to call a local agent and discuss how to get your home ready to list and sell now.

  • November 09 2011
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The buyers are looking for homes at any time of year.  Best sales sometimes happen off season if you live in an area with seasonal market.  Here is Florida - best time to sell and buy is NOW.

  • November 09 2011
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Lucky,
Your Market and your situation should dictate what is best for you  and your home.  A local Realtor would also be helpful in accurate local Market Data. 
  • November 09 2011
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Profile picture for sunnyview
In my area, spring or summer are the best times and winter holidays are the worst. Ask a local agent bout trends in your area and maybe you still have time to list before winter to find a buyer.
  • September 25 2011
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Now. Low low interest rates. Fall is just as good as the spring. Good Luck. I'd call 3 realtors and ask what they can do for you.  Pick the ones who have listings in your area. You can get more money after paying a commission because your home will get in front of more buyers when listed by a pro. They will put you on 100 top real estate websites where they have top placing in the ads, like Zillow. This is not an area for do-it-yourselfers, especially in this challenging market. 
  • September 25 2011
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The time of year to list a home for sale is a good question and is quite often asked.
My answer to that is both aside from and in conjunction with the economic climate the real estate market is determined to a large extent by peoples lives changing.
Examples would include but not limited to marriages,relocations,deaths, health reasons and kids growing up to name only a few which happenings are not tied to any season or any particular calendar event.
One of Sir Isaac Newton's fundamental laws of physics is the only thing that is constant is change and real estate is not an exception.
It is possible Thomas Jefferson was right when he said "Never put off till tomorrow what you can do today."

  • September 25 2011
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There are many opinions on when the best time to sell your home is.  It is really up to your personal schedule. About the only time I recommend avoiding listing a house is between Thanksgiving and Christmas.  It's okay to list in November, but after Thanksgiving, people get wrapped up in the holidays, and showings decrease.  The first couple of weeks will see the most showings as some buyers are watching to see what comes on the market and see a home as soon as it's available.

Just know that it's okay for your home to be on the market for a while.  There are far more homes available for sale than there are qualified buyers.  You will need to keep your home in great showing condition for some time.  That is the most difficult part of selling your home in a market like today's. Keep an open availability so a last-minute buyer dropping into town can put yours on their show list with little notice.

There are many other things that make any time the best time. As others mentioned, more homes come on the market in the Spring, and yes, pictures do look better in the Spring, but you can have your agent update those to the current season.

Hope that helps!
  • September 25 2011
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When you are ready is a good time to sell.
More houses are in the market during spring, that means more houses that buyers need to sort through.

  • September 25 2011
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RE agents will tell you now is the best time. "Now" being whenever you ask, be it Spring, Summer, Winter or Fall. I personally think the bets time is Spring,  mid to late April. The reasons are many, with sprintime in full form, your home should show its best, the flowers and trees are blooming, all the bugs of summer are not yet upon us. Open windows with fresh air blowing make for an inviting home.

People with school age children generally do not wantto interupt their childs school year. These folks will be the ones writing contracts from late spring thru mid summer so they can get moved in before the new school year. The inventory of homes for sale is generally higher this time of year so your competition may be a little tougher as well.

Now for the flip side, say you list your home mid november, your right in the middle of the holiday season and thinking it's enough to just get through the season without having to keep the house sparkling just in case somone want to see it. well that is very true, but the flip side is anyone who is looking at homes this time of year is a motivated buyer. A person who is shopping but in no particular hurry will no tbe the one looking at your home, after all they have all the holiday chores to do also.
  • September 25 2011
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Lucky - In my experience, the season does not dictate the best time to sell. There are always buyers out there. I would advise a thorough investigation of market trends to determine whether prices in your area increasing, decreasing or holding. The answer to that question will better drive your decision. For example, if your area is trending downward, you are going to lose value by waiting.
  • September 25 2011
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Lucky - In my experience, the season does not dictate the best time to sell. There are always buyers out there. I would advise a thorough investigation of market trends to determine whether prices in you are increasing, decreasing or holding. The answer to that question will better drive your decision. For example, if your area is trending downward, you are going to lose value by waiting.
  • September 25 2011
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