It’s the end of the summer and kids are headed back to school. People are enjoying the last rays of August and September; in many parts of the United States the leaves are changing colors and falling from the trees. People are getting ready to hunker down for the winter, but you’ve got another aim in mind; you’re thinking of selling your home.
The question remains, when is the best time to sell your home? Late summer and early fall have often been the fail-safe seasons to sell your home; in the spring, people are too excited about the pending summer months and in the opposite extremes of the summer and winter is often frowned on for something as taxing as a move into and out of a home, but is this the case? Is the fall really the best time to sell your home? A lot of that depends on your individual situation.
Family Home vs. Retirement Home: If you have a four-bedroom Colonial in a suburban metropolis where good young people have propelled the school system to one of the best in the nation, then you’re obviously catering to one type of buyer; if you have a two bedroom on Cape Cod or Nantucket, you’re probably attracting another type of buyer. For this situation you need to gauge the markets. For that Colonial though, you can bet that there will be a heightened interest at the end of July and into August; perfect fit for a fall sale. If you’re looking at the two bedroom shack in a vacation spot, you can probably sell something like that whenever you’re ready to move; you’ll always find a buyer if the price is right.
Deep or Mild Winters: Another important point to consider is what are the winters like where you’re selling your home? Are you going to have to pull out the rock salt and shovel in October? If so you may not want to list your home for sale in late September. However if you live in San Diego you can probably push back your home sale into November. If the price is right and the locations good you can bet that you’ll get some interest in this arid climate; be it in early or late fall.
Move When You Have To: In the end you really need to let your pocket book do the talking. If you need to move in the dead of winter, you will move in the dead of winter. If a job comes calling or family beckons or you’ve just had enough of the oppressive Charleston area summer-humidity, you will sell your home at the peak of July. You move when you have to; that’s the bottom line. However, especially in temperate Pacific coastal communities or in the electric chill of New England, you can’t beat a better time than fall to frame your home for maximum sale.