You might hear that your home is more likely to sell at one time of the year or another. Here are the pros and cons of selling in each season.
Selling Your Home in the Summer
Selling your home during the summer months? This may be a good time of year to sell because with great weather and longer days, you can fit in more showings. You might also have buyers who have young children and are in a hurry to move before the next school year starts. Your curb appeal will be good in the summer because there will be green trees and flowers blooming.
However, the summer months aren’t always ideal. In dense urban populations, summers can be sweltering and smelly. Potential buyers may be off on vacation, making it hard to schedule with them. And with so many other houses on the market, you’ll be facing some competition, so you have to make a lot of effort to ensure your home stands out.
Selling Your Home in the Fall
Selling your home in the fall? Many real estate professionals agree that the fall is one of the hardest times to sell. However, there are sure to be a few buyers out there who want to close on their new home before the holidays hit. You might also be facing less competition at this time of the year.
However, autumn or fall is also when curb appeal starts to diminish. Your street might look beautiful one day, but the next day, all the leaves are on the ground and it looks a lot less welcoming. There are fewer buyers, which makes it hard to get top dollar from your home. And, families are less likely to move in the fall because the school year has just started.
Selling Your Home in the Winter
Selling your home in the winter? Good news: there is often less competition during this time of the year, so you are more likely to find a serious buyer. Winter—particularly January and February—is also a time when many companies are hiring. New employees may be moving to the Baltimore, DC or Northern VA areas to start their jobs, and they’ll be out house hunting.
However, it’s harder to schedule open houses and showings in the winter—it may be nearly impossible to get buyers into your home if the weather is particularly bad. The days are shorter, the roads are more treacherous, and temperatures are frigid.
Selling Your Home in the Spring
Selling your home in the spring? Many real estate professionals will tell you that spring is the best time to put your home on the market. There will probably be lots of buyers at this time of year because the weather is improving and it becomes easier to go house hunting. Your curb appeal will increase dramatically as the trees and shrubs start to bloom.
However, in the spring, there’s a lot of competition from other home sellers. This means that buyers have more options. They’re likely to be pickier and you might have to wait longer before you make a sale.