Exploring the best time to sell your house? Welcome to the summer selling season—a prime time when the most buyers are out looking for homes, and the most houses are on the market! If you’ve been browsing properties lately, you’ve probably noticed an uptick in competition. But if you’re planning to sell, now is the perfect time to list!
Why Sell Now?
Why Summer Is the Best Time to Sell Your House?
Research shows that June/July are the very best months to sell a home. According to a recent ATTOM Data Solutions analysis of more than 28 million single-family home and condo sales from 2011 to 2018, the summer months are the best times to sell. In fact, 19 of the 20 days with the highest seller premiums occur during June and July. Notably, June 28th is THE BEST DAY to sell, with sellers realizing a 10.8 percent premium over the median sale price for the second year in a row.
What Does This Mean for You?
If you’ve been contemplating selling your property, NOW is the time to list it to take advantage of the hot market and the peak selling season.
How to Make the Most of Your Home Sale
Clean, Clean, Clean
To close during the hottest time of the year, you need to put your best foot forward. Your home will fetch the most money when it looks its absolute best. Whether you’re selling a rental property or your personal residence, ensure it’s as clean and uncluttered as possible. Buyers look for a place they can envision as their own, and a clean, tidy space makes a great impression.
If it’s a rental property, consider hiring a cleaning service while the home is on the market. The benefits often outweigh the costs. Offer your tenant a discount or credit on rent to accept showings, acknowledging the inconvenience and appreciating their cooperation.
Enhance Curb Appeal
First impressions matter. A well-maintained exterior can significantly influence potential buyers. Spend a few dollars at a local nursery to add some colorful plants. Petunias, for sunny spots, and Impatiens, for shady areas, are great choices. Grasses, like Purple Fountain Grass, add interest and are low maintenance.
A neat and tidy yard wins over barren and boring, so a few pops of color can pay off big. Don’t forget the front door! Bright-colored doors in contrasting hues like yellow, green, or red are trendy and inviting.
Be Available
Your home will sell faster and for a higher price when buyers can easily view it. If it’s your residence, be prepared to vacate at a moment’s notice. If it’s a rental, coordinate with your tenant to arrange convenient time blocks for showings, minimizing their inconvenience.
Selling your home can be a complex process, but with the right timing and preparation, you can maximize your sale price and attract motivated buyers. Understanding the best time to sell your house can significantly impact your sale’s success rate and profitability. For more tips on selling, go here.
Kyle Alfriend has been investing in real estate for over 35 years, and has assisted over 3,000 clients in buying, selling, or investing in real estate.
For more tips on buying, selling, or investing, or for a personal consultation, contact Kyle Alfriend, (614) 395-1776, or info@AlfriendGroup.com. Or go to our website: www.AlfriendGroup.com.