Multiple factors impact a home sale, and the season you sell your house is one of them. Sellers can potentially get hundreds of dollars more by selling their houses in the right season. If you have the luxury to choose when to sell your property, here are a few tips to help you decide the right time
When Do Homes Sell Quickly?
Traditionally, spring is the best time to sell a house. Families with school-age children are often looking for homes around this time so that they are settled by the time the new school year starts. Also, the weather is warm, and people are more likely to go on home tours. A more extensive inventory also attracts a larger pool of buyers. The more potential buyers, the better are your chances of selling a house.
The National Realtors Association found that May, June, July, and August make up to 40% of the annual home sales volume, with an average of 2.1 million homes being sold. In May, homes sell 18.5 days faster and for 5.9 percent more.
When Don’t Homes Sell Quickly?
Usually, fall and winter are the worst times to sell a house. The weather doesn’t make it easy for people to arrange open houses and makes moving tricky. Besides, there’s little opportunity for homeowners to improve their curb appeal with colorful plants and inviting landscaping.
Also, fall and winter aren’t always good months to undertake repairs and renovations. In addition, the holiday season makes it difficult for homeowners with kids to arrange for open houses.
But this depends on where you live. In places like Florida, Georgia, and Texas, winter can be a great time to sell a house because the weather tends to be warmer and milder.
When Seasons Don’t Matter
Depending on the situation, some homeowners do not have the luxury of waiting for the right season. If you have missed mortgage payments or are on the brink of foreclosure, you need to sell your house quickly. Similarly, if you’ve lost a loved one, are going through a divorce, or are going through some other personal difficulty, it’s best to sell the house fast and move on.
At Columbus Property Solutions, we help homeowners sell their houses quickly and for cash. We buy houses as-is in Columbus for cash. We’ll buy your home in less than seven days and manage the entire process, including closing formalities.
Do you need to sell your house fast in Columbus? Call us to get a cash offer in 24 hours or less.