Are you planning to list your home this year or next? If you are, you may be wondering what the best time of year is to list your home. It is no secret that the housing market has shifted into a seller’s market. But, has that shift affected the best time of year to list your home? Keep reading to learn more!
List Your Home During These Peak Months
Ready to list your home? It is true that certain times of year are better than others when it comes to listing your home. According to
Zillow, spring is the best time of the year to list a home. Specifically, the month of March is recommended! Homes that are listed in the spring tend to sell faster than those listed in the fall or winter.
What Factors Will Influence the Market?
So, why is spring the best time to list a home? While it is true that it is a seller’s market right now, there are other factors that will influence the best time to sell your home. Take a closer look at the best times to sell a home, and what may influence those factors:
- Location: The weather may impact the best time of year to sell a home. Many families have no desire to move during the winter months if it is snowing. Therefore, it can be tough to sell a home during those months if you live in an area where it snows heavy in the winter. If you live in an area that has constant sun, this may not be a huge issue.
- Mortgage Rates: While mortgage rates are the lowest they’ve been in decades, they may rise in the next coming months. The lower the rates are, the more likely it is that a home will sell. Buyers that are looking are more inclined to place an offer if the rates are low!
How Long Will it Take to Sell a Home After it Has Been Listed?
Typically, before the market shift, a home would sell in a few months. This includes an average of 25 days on the market. Now, Realtors are seeing homes sell in a week or less. So why wait to sell your home? Find the best Realtor in your area today! If you are looking for a Realtor in Encinitas or elsewhere in SoCal, look no further.