Real estate forum - The best time to sell a home

Author

The best time to sell a home

Archie

2007-03-13, 11:59 am

Hi,

What is the best time to sell a home?

Thanks,
Archie

Stewart

2007-03-15, 8:46 pm

quote:
Originally posted by Archie
Hi,

What is the best time to sell a home?

Thanks,
Archie

Marilyn Dashe - Cardiff realtor

Hi Archie,

There is no "best" time to sell per se. Selling a house depends on supply, demand and other economic factors. But the time of year in which you choose to sell can make a difference both in the amount of time it takes to sell your home and in the ultimate selling price.

The real estate market generally picks up as early as February, with the strongest selling season usually lasting through May and June. With the onset of summer, the market slows. July is often the slowest month for real estate sales due to a strong spring market putting possible upward pressure on interest rates. Also, many prospective home buyers and their agents take vacations during mid-summer.

Following the summer slowdown, real estate sales activity tends to pick up for a second, although less vigorous, fall market, which usually lasts into November when the market slows again as buyers and sellers turn their attention to the holidays.

If this makes you wonder if you should take your home off the market for the holidays, consider the advice of veteran agents: You are always more likely to sell your house if it is available to show to prospective buyers continuously.

For more info. contact realtor Marilyn Dashe who specializes in properties in Cardiff-by-the-sea: http://www.marilyndashe.com and http://homesforsaleincardiff.com/

Good Luck,
Stewart

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