Why is Spring a Good Time to Sell Your Home?
If you are thinking of selling your home, spring is a great time to do it. Spring is regarded as the best time to sell your home because the real estate market is more active, people prefer moving in good weather, homes look nicer, and a late spring move does not interrupt the school year.
An active market
One of the best reasons to sell your home in the spring is that market activity increases after the winter. This burst of activity is one the factors that determines whether it will be a buyers or sellers’ market.
Spring is a popular time to buy and sell
Warmer temperatures make both buyers and sellers more inclined to take action, especially if they have been thinking about making a move all winter. If you are thinking of selling your home, spring is a good time to list it because there are potential buyers who have been thinking about buying a new home all winter.
People go outside more in the spring and will be out looking at houses more than they would in the winter months. The change in seasons inspires people to get out and do things and have new beginnings.
The school year is over soon
Families with children often prefer to move when their kids are off for the summer, so spring is a great time for them to start looking and for you to sell your home.
Curb appeal
One of the first things homebuyers notice is the exterior of their potential new home. Not only is spring brighter and nicer to look at than winter, but it is also a great time to clean up the yard and do repairs to make your home look well maintained and inviting. Your home will look better on a sunny day with flowers blooming than on a dreary winter day. Buyers want homes they can see themselves living in and this is easier to accomplish in the spring.
Better weather for moving
Nobody wants to move in the winter and many people will wait until spring to avoid it. Moving in the spring will be easier for you and whoever buys your home.
Tax refunds
Buyers have received their tax refunds, which makes it easier for them to pay for a move or pay full price for their new home.
Sell your home for more
One of the best reasons to sell you home in the spring is that you may be able to sell it at a higher price because of higher demand and curb appeal.
Things to consider
If you are considering selling your home in the spring, here are a few things to think about.
List early
If you have decided to sell your house, putting it on the market as early as possible is a great way to get a head start. You may get multiple offers because there are fewer homes on the market.
Do not move too early
If you have children, you may not want to move too early in the spring and disrupt their school year.
Realtors are busy
Realtors are busy in the spring and may not be able to prioritize your home.
Competition
There is more competition because spring is a popular time of year to sell.
Movers may charge more
Moving can be more expensive because movers might increase their rates in the spring.
Consider waiting if it is a buyer’s market
It is essential to consider factors like home prices when deciding on a timeframe for selling your home. It might be a buyer’s market early in the spring, for example. If you wait until the end of the season, there may be more competition, but it is also possible that prices could go up, and you could sell your home for more. Talk to your realtor so you can make an informed decision.
