Top 3 Reasons Why Spring is the Best Time To Sell Your Home
As we everything around us starts to defrost, the housing market is also starting to heat up. Spring is the best time of year for the real estate market.
Here are the top 3 reasons why Spring is the best time to sell your home:
- Spring brings out the most buyers – Your flowers and plants aren’t the only thing blooming, this is also the time when buyers are coming out. Spring is the most active time in the real estate market. In the Spring, the days are longer and the weather makes people want to get outside and look at homes.
- Buyers want to time their move with the school year – Many buyers start their search in Spring expecting to close escrow no later than Summer. This will allow the buyers to have a couple months to get acclimated to their new home and neighborhood before the school year starts. Also if the move requires a change in schools then it is even more beneficial to look at the end of the school year so buyers can finish out the school year without having to transfer. This would also allow for the buyers to get acclimated in their new space before the new school year.
- More buyers means more potential offers – Nothing is better for a seller than multiple offers and a bidding war. More buyers means more potential offers. Spring is the time that will most likely occur.
Spring is here! If you are thinking about moving, you should consider getting started now. Why? It usually takes a few weeks to get your house ready to be shown. Once it’s listed, we are averaging about two months to sell a home. Add 30-60 days for escrow and you are looking at closing escrow right about the beginning of Summer. Perfect timing! And that’s assuming everything goes smoothly.
Looking to list your home? Call Greg Broadbent at 860-460-6939 or visit us online at gregbroadbent.com