Have you heard that Spring is the best time to sell your house? If you are looking to sell your property in Connecticut and you are not sure when the best time is, we are here to help you.
Many homeowners start researching on google when the best time to sell their house is going to be, typically at the beginning of the year to consider their options.
Having that talk sooner rather than later is the best thing so you and your agent can come up with an action plan. The Zubretsky Team at Venture One Realty LLC can have your listing live on the market within a few days from staging (optional), to professional photos, and getting the listing live on the market. The team also knows the area of Connecticut very well, so they will be able to take into consideration your personal and financial situation, in addition to the current state of the Connecticut market, and advise you on the best time to sell your home.
Is Spring the Best Time to Sell Your Home?
Many people think that buyers are only in the market for new homes in the spring. This perception is not reality!
Buyers are looking… 24/7 – 365 days/year
In the past, buyers waited until spring to start their search because the majority of listings come on the market for the spring selling season.
The internet has changed how real estate is done. Today’s buyers have the opportunity to search listings any time they want. They have the ability to save listings and move at their own pace. They have apps on their phone, get listings emailed and now texted to them. Buyers no longer care what time of year it is.
These buyers are in the market and looking to move. Some of them may be in a hurry for job or life changes and there will be limited inventory for them to choose a home but they will be choosing one. List your home in January, and you will have an audience that is engaged. While there are many benefits to selling your home in Spring, you are not limited, and there are many reasons why you can sell at other times of the year too, for example, in January. This blog will take a look at some of the scenarios that prompt house sale discussions, to demonstrate why Spring is a good time to sell, but why there are also other opportunities throughout the year, too!
Tax Benefits and Interest Rates
The end of the year often brings holiday celebrations, family parties, financial activities and discussions about gifting for tax implications and talks about inheritances. As a result, real estate talks about buying or selling your home start to take shape.
Whether it is a new buyer who moves quickly or a previously active buyer who re-engages, these house hunters are around in January and will look at your home if it is for sale. So, Spring does not have to be the only option, there are opportunities at other times of the year to sell your house if you wish!
Curb Appeal
Most sellers wait until spring to list their homes. Colors are brighter, it’s warmer, and more often than not, people are happier. Spring also brings about lighter evenings and longer days, which can help with the viewing process. The nice weather can make your home look beautiful, especially if you have a garden that comes to life with plants and shrubs. This can help with making a great first impression, and show buyers the potential of the property.
However, don’t be fooled. The truth is bathrooms and kitchens sell homes if they have been updated and if it has been updated will be in consideration anytime of the year.
If you adequately prepare your home and ensure you enhance the right features, make the necessary upgrades and have good curb appeal, you will be able to sell your home at any time of the year.
Competition
When considering whether to list your property for sale in the Spring, it is important that you consider other properties on the market who are also thinking the same. Listing in the spring brings more competition. There is a larger probability that there will be similar houses for sale in your market, in your price range. This brings less attention to your home. However, it can also help attract more buyers to your home, especially if you have a competitive edge. These are the pros and cons that you will need to consider when choosing whether to list your home in Spring or not.
Target Market
Lastly, many buyers have been researching and going to open houses for several months and sometimes years. These buyers are your target market and why you need to be listed in January as well. This is your target buyer and they are ready to move. These buyers are why it is better to list in January, or any month for that matter, than to wait until spring! Make sure you do your research into the target market and specific demographics of the buyers who will be interested in your home. Consider what homes have sold recently in your area, and to who. Your local real estate agent will be able to help advise you as to whether Spring is a good time to sell your home, and what other opportunities there are for you to put your house on the market at other times of the year. The great thing about both January and Spring, is that you miss the busy times and the distractions in the summer holidays and over Christmas.
It is up to you whether you feel you should sell your home in Spring or not. The important thing to note is that it isn’t necessary to wait until Spring. There are plenty of benefits to selling your home in Spring, but there are a range of other benefits for selling your property at other times of the year too. Contact your local real estate expert for more help and information on whether Spring is the right time to sell your home.
