When is the best time to sell a house in Roseburg OR? You would probably guess that spring is the best time of year to list your home for sale. Sure, the warmer weather and flowers make everything look better right? Absolutely, but does this really make spring the best time to sell a house? These home selling tips will help you decide.
Should we wait till spring? I’m not so sure waiting until spring is the answer. This winter has already proven to be very productive for many real estate agents and home sellers. I think it’s important to do consider three things to help determine when it’s the best time to sell.
- Put yourself in the buyer’s shoes. It just makes sense to think like a buyer.
- Consider supply, demand, and normal seller’s way of thinking.
- Consider your moving goals and when you’ll want to to be packing.
Here’s what I mean about puting yourself in the buyer’s shoes. Most buyers don’t really care about seasons. In my experience, they usually decide to buy when there has been some sort of change in their lifestyle. For instance, a new baby, marriage, divorce, new job, etc. So, how’s a typical buyer think? I think most buyers who are serious about becoming a home owner probably don’t really care if it’s winter, spring, summer, monsoon, or drought! They just want to buy a house.
When is the best time to sell a house and wintery benefits to home sellers.
The benefit to you as a home seller is simple. Frosty buyers tend to be pretty serious about buying a house, maybe you can relate to that. You will probably realize fewer showings but at least you’ll know that the people looking at your home are pretty serious about buying.
Is spring really the best time to sell a house? Well, let’s consider how many home sellers are thinking about jumping on the spring time listing bandwagon… a ton, making the market more competitive. You’ve probably noticed that there are usually a flood of new listings that hit the market in early spring to mid summer. The ultra-competitive time may not be the best tome to sell your house.
Because there is less competition in the winter months, you might want to consider selling earlier rather than later. In fact, if you’re thinking that listing with less competition makes sense, you may agree that winter may very well be the best time to list your house for sale. It really all depends on your moving goals though.
It’s just a simple supply and demand equation. The more competition there is, the lower the average selling price usually dips. Likewise, when there is less competition we usually see prices of homes go up. If it’s your goal is to sell for the highest possible price, the best time to sell a house is when there are fewer homes to compete with.
Consider your moving goals first.
When determining when it is the best time for you to sell your home, you should really consider your moving goals. When do you want to move? If you’re like most home sellers you’re thinking about listing in spring, you’ll get an offer in a month or two, and you’ll be loading the moving truck sometime in mid July when it’s nice and warm.
Unfortunately that isn’t always the case. In this market it can take 5 or 6 months or more to sell a home even when they are priced right. With that in mind, you might want to think about listing your home early just to make sure you hit your moving goals. Remember, as a seller, you don’t need to agree to close sooner than you are ready to either so there can be flexibility there too.
Keep in mind, if your home sells faster than expected you’ll be home shopping during some of the best months of the year to buy a home. Did you know that January is traditionally one of the best months to make an offer on a house? Another thing to consider is winter time home sellers are often times motivated to sell, making it a great time for you to buy once your home does sell.
Let’s not forget about interest rates!
Seriously, with interest rates as low as they are, we know for certain that right now is a great time to market to buyers. Today’s home buyers are not only motivated to find their dream home before interest rates start to climb, but they also want to buy now because low-interest rates allows them to qualify for higher priced homes! Interest rates should definitely be another factor in deciding when it’s the best time for you to sell.
So, when is the best time to sell a house? I think it all depends on what your moving goals are. Knowing the average selling time frame of a home in your neighborhood will help you determine when it’s the best time to list your home for sale. If you are considering selling your Roseburg area home and would like to meet, contact me. I’d be happy to provide you with the information you’ll need to make an informed decision.
Always here to help.
Troy Schuyler – Century 21 Neil Co. Real Estate – Roseburg OR 97470 541-673-4417 -