Thinking of Selling? Now is the Perfect Time

Dated: January 19 2018

Views: 20

It is common knowledge that a great number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year.

The other listings that do come out in the spring will represent increased competition to any seller. Do a greater number of homes actually come to the market in the spring as compared to the rest of the year? The National Association of Realtors (NAR) recently revealed the months in which most people listed their homes for sale in 2017. Here is a graphic showing the results:

Thinking of Selling? Now is the Perfect Time | MyKCM

The three months in the second quarter of the year (represented in red) are consistently the most popular months for sellers to list their homes on the market. Last year, the number of homes available for sale in January was 1,680,000.

That number spiked to 1,970,000 by May!

What does this mean to you?

With the national job situation improving, and mortgage interest rates projected to rise later in the year, buyers are not waiting until the spring; they are out looking for homes right now. If you are looking to sell this year, waiting until the spring to list your home means you will have the greatest competition amongst buyers.

Bottom Line

It may make sense to beat the rush of housing inventory that will enter the market in the spring and list your home today.

Latest Blog Posts

Price Your Home Appropriately

Here are three strategies to help you price your home correctly.Are you a homeowner who’s starting to think about selling your home? You’re probably wondering, “How should I price

Read More

4 Ways to Deliver Your Home to the Market

Here are the four ways to deliver your home to the real estate market.Are you thinking of selling your house and wondering whether you should do anything to improve it before putting it on the?

Read More

How to Maximize Your Home’s Value

Here are six tips to help you maximize your home’s value before you sell.Are you a homeowner who wants to maximize the value of your home? Do you want to walk away with the most money possible

Read More

3 Strategies on How to Buy and Sell Real Estate at the Same Time

Are you a homeowner who really wants to buy but isn’t sure how to sell your home and buy at the same time? There are two key things that you need to think about : 1. Is your home purchase

Read More