After the snow that hit us last week, it’s hard to believe spring is here! As we embark on this new season, many wonder – is spring really the best time to sell? Conventional wisdom says so, but let’s delve a bit deeper.
The drive to buy in the spring comes from warmer weather, more daylight, and the desire to get settled into a new home before the start of a new school year. All of this means more inventory on the market, and unlike other industries, more inventory in real estate means a higher price for the seller!
More homes on the market also equates to better comps. With more properties sold, an appraiser will better be able to value your home appropriately.
Another advantage to selling in the spring is curb appeal. Think of how welcoming your home looks with flowers in bud or your bulbs in bloom! The longer daylight hours also gives buyers more time to come out and see all of the beauty your home and garden has to offer this time of year!
With all of this being said, you may be thinking – more inventory, more curb appeal for all sellers? Buyers can be picky then, right? Well, the same holds true for sellers! A seller can be pickier and wait until just the right offer comes along with the influx of buyers during this peak season.
So if you’re on the fence about finally putting your home for sale, or if you’re in the market for a new home, get in touch and we can discuss what’s best for you.