WHEN IS THE BEST TIME TO LIST/BUY A HOME?
Two questions I’m often asked by clients are, “When is the best time to list my home?” and “What is the best time of year to buy a home?”
Historically, spring is the busiest time for real estate, since many buyers don’t want to move over the holidays, nor do they want to tour homes in cold or rainy weather. With the warmer weather comes an increased demand for homes, which can mean more demand for people selling their homes.
On the flip side, winter can be a great time to buy, since many buyers will experience less competition.
That said, the “right time” to sell or buy is unique to everyone, and depends on the local market conditions, the goals of the seller or buyer, and sometimes constraints beyond control like lease terms terms or selling contingencies.
A REALTOR with a good handle on the local market can be the best resource to help you determine when to buy or sell.