Although the real estate market is active throughout the entire year, some seasons are better for selling a home than others. If you’re looking to sell your home, you’ll want to stay up-to-date on trends, including the seasons when more motivated buyers enter the market.
Timing can significantly affect your overall real estate experience. If you need to sell your home fast or hope to receive a profit, you should consult a local real estate professional to determine the best time to sell your home.
When is the best time to sell a house?
While there are specific seasons when sellers typically fare better on the market, the best time to sell your home ultimately depends on your situation. Before listing your home, you need to ask yourself what your goals are. Why do you want to sell your home? What do you aim to gain from the sale? Do you need the funds to relocate or renovate another property? Once you know what you’re working toward, settling on the best time to sell your home becomes much simpler.
You may find that you need to sell your home quickly for a job relocation or major lifestyle change and must list your home sooner rather than later, regardless of the season. If you’re in no hurry to move but would ultimately like to sell, you may want to consider listing your home during the height of the market’s busiest season.
Best time of year to sell a house nationwide
In general, the best time to sell your home nationwide is anytime from late spring to the early summer, when children are on summer vacation and the weather brings warm temperatures, great curb appeal, and comfortable open houses. The beginning of May
is one of the safest bets to begin pre-listing preparations and prepare the property for viewings.
Best time to sell a house in your area
The best time to sell your home is also affected by your local market. Generally, the Fairfax area is at par with national trends, with many buyers eager to purchase homes in the spring and summer.
A look at selling in each season
You can sell a home at any point in the year. However, this can produce varying results. Before listing, look at the pros and cons for each season and decide which one best suits your needs. When deciding, speak with your real estate professional to get their expertise.
Selling a house in the spring
While Virginia is still subject to the occasional bout of chilly weather in the spring, most buyers are ready to enter the market and find a home in April and May. If you’d like to sell your home in the spring, begin preparations at the beginning of the season or even in late winter to have your home ready by the time the school year ends.
Selling a house in the summer
The summer is one of the best times to sell your home — children are out of school, and the warm weather is far more agreeable for a move. Although you’ll face competition from other sellers, buyer demand will likely be at an all-time high, increasing your chances of receiving offers. Work with your agent to create a marketing plan that will spread the word about your property and generate interest.
Selling a house in the fall
Many families who wanted to purchase before the new school year began have likely found a home by fall. However, you may still find success. During fall, Virginians will start to see hot summer weather fade into comfortable temperatures, perfect for viewings and moving.
Selling a house in the winter
Winter is usually the worst time to sell a home. The weather is cold, likely snowy, and buyers aren’t interested in leaving the warmth of their homes to conduct home searches or prepare for a lengthy move. Holidays are just around the corner, and many otherwise motivated home buyers simply don’t have the time, energy, or money to focus on a real estate search.
If you need to sell in the winter, contact your real estate agent to create a marketing campaign. To increase your chances of success, prepare your home for sale by decluttering, staging, conducting minor repairs, and using professional photos in your listing.
How to know if it’s the right time for you
Selling your home and moving is often a long and stressful process, and certainly not for everyone. How do you know if it’s the right time for you to pack up and start anew? There are a few reasons to consider.
Your lifestyle demands a move
Some people find themselves in dire need of a change of pace, whether it’s moving from the city to the countryside or taking up a new job elsewhere. Some people may be moving out of their hometown for the first time in their lives, especially families who need more space for their growing households. Lifestyle changes are stressful and sometimes difficult for sentimental reasons, but they’re necessary for a good quality of life.
Home improvements are complete
Whereas lifestyle changes are sentimental, many homeowners sell their homes for more practical reasons. House flipping is the process of buying an old home, renovating it, and selling it for higher value. If this is your goal, you’ll want to start the selling process as soon as renovations are complete. Be sure to schedule a pre-listing inspection beforehand to ensure everything is in good working condition.
You’re financially ready
If you’re selling your old home and buying a new one simultaneously, your financials must be in order. Plan ahead and develop a tentative timeline before you sell your home. There are a few ways to fund a new home while your current home is pending for sale, with the most common methods being HELOCs and bridge loans.
The bottom line
Overall, the best time to sell a home is in the spring and summer, but the specific season ultimately depends on your personal situation.
Team up with 5x5 Real Estate
If you’re interested in purchasing Vienna homes for sale or want to know more about when the best time to sell your home is, reach out to your local real estate agents at 5x5 Real Estate
for additional guidance. The team’s experience with Fairfax real estate and commitment to their client’s every need distinguishes them as top-tier agents.