How to sell house: Each month brings new challenges to an area’s real estate market. Sell your home at the wrong time and you risk leaving money on the table. Wait a minute for the market and make a list in just a month and you can make a lot of money at home. Our data shows that if you sell at the right time, your home profit can increase by more than 75%.
Do you know is the right time to sell your home?
We wanted to know when the best time to sell a home was, so we used our algorithm to find and ask smart, real estate agents. Then, we compare your insights with real estate transaction data from 2015 so that “What is the best time to sell your home?”
Watch the video below for a quick overview of how we found the best time to sell homes across the country. Historically, real estate agents have been aware of local trends in the real estate market, so we thought they would know a little bit about when to list a home across the country.
These results represent the best time of year to sell a home, according to key agents across the country. Agents say March is the best time of year to sell a home, behind April and May. November and December are the worst times to sell a home. In general, well-known real estate agents say that spring is probably the best time to sell a home.
We wanted to check the recommendations of the big players against the actual fluctuations of the market, so we pulled out our 2015 nationwide housing scheme data to add some color. The top realtors were on something. We found that spring is a good time to trade in most of the local markets, but when we dig deeper we find that the best time to sell is more difficult.
The best time to sell your home depends on where you live.
Hunters Properties is one of the top 1% selling agents in Bahria Town, so we got professional information about the best time of year for the home list. Low mortgage rates and year-round sunshine change the weather trends in the Bahria Town real estate market.
Greg said, “I definitely think [seasonal] matters in other areas. I think Bahria Town Lahore is a unique market where you can wear shorts and flip-flops most of the year. It’s different. It’s okay to go out in the weather. “Data supports Greg’s information – see our Bahria chart below. If March is not the best time to sell in Bahria Town, we think the result could apply to other US cities. , And we were fine.
Put Small Effect to sell your home
Weather, temperature, sunny times, and even the time zone can affect the best time of year to sell your home. We analyzed housing transaction data in the major cities of the four major time zones in the United States and extracted two cities from each: Pacific, Mountain, Central, and East, to illustrate this point.
How to sell house: Then, for each city in our sample set, we ran 2015 housing data to get the average price of homes in the city for each month and compare that number to the average home sales price in that city.
Basically, we used housing transaction data from 2015 to determine which months were the most profitable for sellers. Although the figures change from year to year, the general trends appear to be constant for every market in the city over time, so they should work as we move into 2017 and beyond.
The best time to sell your home is in the mountains.
Denver and Aurora reached their lowest home sales in December and January, respectively. Avoid selling in these Mountain Time cities when temperatures are low.
How to sell house: Denver shows good sales in late spring and early summer. However, Denver sales prices drop significantly in the summer, so stay away from the July and August listing dates. As we said before, Denver prices drop significantly as temperatures begin to drop, so November and December are definitely not the best time to sell a home in Denver.