Thinking of Selling? Now is the Perfect Time!

     

    It is common knowledge that a great number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year.

    The other listings that do come out in the spring will represent increased competition to any seller. Do a greater number of homes actually come to the market in the spring as compared to the rest of the year? The National Association of Realtors (NAR) recently revealed the months in which most people listed their homes for sale in 2017. Here is a graphic showing the results:

    The three months in the second quarter of the year (represented in red) are consistently the most popular months for sellers to list their homes on the market. Last year, the number of homes available for sale in January was 1,680,000.

    That number spiked to 1,970,000 by May!

    What does this mean to you?

    With the national job situation improving, and mortgage interest rates projected to rise later in the year, buyers are not waiting until the spring; they are out looking for homes right now. If you are looking to sell this year, waiting until the spring to list your home means you will have the greatest competition amongst buyers.

    Bottom Line

    It may make sense to beat the rush of housing inventory that will enter the market in the spring and list your home today.

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    2 Responses to “Thinking of Selling? Now is the Perfect Time!”

    • Thomas S Jarrett

      Written on

      In market this summer for 3 br 2+ bath ranch in Jacksonville area. Price range 220,000 to 270,000

      Reply
      • Capprice Kitchen

        Written on

        Hi Thomas,

        Thank you for reaching out. I will reply to you under separate email. I look forward to chatting with you and learning how I may assist you with your home search.

        Capprice Kitchen

        Reply

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