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When Is The Best Time To Sell Your House?
Article was Provided by MG Home Group

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As much as you’d want to sell your home as soon as possible, there is really an optimum time to sell during the year. You’ll not want to sell during winter as a lot of people will be preoccupied with social engagements. The cold weather also doesn’t make it appealing to go house hunting. When you figure out the right time to sell, you get to optimize the price of your home or go to a real estate agency.



Where Are You Selling the Home?
Before you can decide on the time to sell, you’ll first need to figure out the prevailing conditions around where you live. While it is easy to assume that spring is the perfect time to sell, this will not be the case for those living in Southern California, Texas, Florida, and Phoenix. This is because the weather can be intense in the mentioned areas. That is why you should be researching the best time to sell in your particular region.

Spring
For most areas across the country, spring is often seen as the perfect time to sell a home. According to statistics, homeowners can expect to make 5.9% more money when they sell in spring compared to any other time of the year. According to Zillow, the best time to sell a home is between May 1 and May 15. Those homes that are sold in the first week of May sell six days faster compared to the rest of the month. It should be noted that there are market circumstances such as tax incentives, mortgage rates, and job growth that could also influence the best time to sell a house. One advantage of selling your house during spring is because it coincides with tax refund season which makes it possible to have extra money for the renovations.

Summer
There are some regions in the country where June is the best month for closing. The predictable weather in the summer makes house hunting a lot easier. There is urgency on the side of the buyers to have the children settled before schools reopen. The downside to selling in the summer is that it is vacation time for a lot of people. They’ll be more focused on having a good time than looking for a house.

Listing Your Home in The Optimal Housing Market
There are other factors to keep in mind apart from seasonality when deciding on the optimal time to sell your home. It is crucial that you’re researching the state of the local real estate market. Your home might take more time to sell if you’re in a buyers market. If it is a seller's market, you can expect to get offers quicker and any time could be ideal to sell.

Are You Ready to Sell?
When it is all said and done, the best time to sell is when you’re ready. There are personal factors that will play a big role in the decision-making process. A good example is when you have to move because of a job opportunity.


MG Home Group

10535 Foothill Blvd Ste 460

Rancho Cucamonga, CA 91730, US

(909) 739-3332

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