There are several questions homeowners need answers to prior to listing their home for sale such as:
What is the best time to list your house for sale?
What is the best month to list your house for sale?
When is the best time to list our home in our subdivision in Houston?
Is it better to list our home in January or March or December?
Which month is the best time to list your home for sale is a toss-up. If you have read numerous articles and done research, you may find that it doesn’t matter which month you list your home for sale. What matters is the price, presentation of your home and the local market (Is it a buyer’s market or a seller’s market?) Let’s explore the different months and seasons below to assist you in figuring out which month or range of months is the best time for you personally to list your home for sale.
Let us start with the winter months and to keep it simple, no dates are mentioned just months. Let us focus on what is happening in our lives in the months of December, January, and February.
Just reviewing the Calendar it is known that Christmas is a busy holiday and the majority of people do not desire their homes being shown due to family and friends visiting, the house may be a mess from toys if you have little ones and the weather outside may or may not be so inviting. In December the Houston, Texas area is like a box of chocolates, you never know what type of weather you are going to get. It may be warm enough to wear shorts and a T-shirt or so cold that people wear long-johns under their clothes to stay warm. The majority of the time the temperature requires just long sleeves or maybe a light jacket.
If your home is listed in December and you receive an offer, research tells us that the buyer is often a serious buyer and ready to purchase immediately. In addition, there is less competition of other homeowners who have been told to wait to list their home in the spring. December may or may not be advantageous for you to list your home, depending on how you celebrate the holidays. If you have no other choice but to list your home, December is the month to list it.
The month that New Year’s resolutions begin. In addition, to New Year’s resolutions, there are goals that people set out to accomplish and buying a home may be at the top of the goals list. Also, Tax season begins and buyers who are contemplating purchasing a home look forward to receiving their income tax return if they are buying a starter home and need additional cash for the down payment or closing cost. However, there are buyers who are in the market to purchase a home for a tax break and they need write-offs to offset paying taxes. Several scenarios could be mentioned, however, to keep this article short, we will not delve into all of them (short attention spans = short articles).
Listing your home in January may catch the eyes of serious buyers who’ve saved their money and were already planning to purchase a home at the beginning of the year. Buying your home is their new year’s resolution or meeting their goal of purchasing a home in January.
We all are familiar with what goes on in February. The weather is usually cold and if the groundhog sees it’s shadow we can end up with colder weather. On the bright side, there is Valentine’s Day and people desire to be in their new home (your old home) for that special day to appreciate each other. In addition, they may not have any choice but to purchase a home since they need to move, and not for trying to be romantic. Their job may call for them to relocate and your home may be the ideal place located in the area that is suitable for them to commute to and from work. If home buyers are planning to view your home when the temperatures outside are freezing, then it is imperative that you ensure your home is worth their time and their dime. As mentioned earlier pricing your home accurately at the optimal price, making sure your home presents itself in the best light and realizing which type of market you are in is the key to selling a home in any month.
Also, February is historically the best time to list your home for sale as the weather and the real estate market usually starts to warm up and it is possible your home may sell within the 90 day period between February and April when buyers shopping in numbers.
In conclusion, listing your home for sale in the winter months may be the best time to sell your home due to low competition and serious buyers. Hardly any window shoppers come around in the winter months. The buyers are usually serious and not window shopping since moving is their only choice.
Thanks for reading this article and please come back and visit us for Part 2 of “What is The Best Month To List Your House For Sale? “ We will discuss selling your home in the months of March, April and May.
If you are looking to sell your home in the Houston area, we are here ready to serve you. Contact us by email at firstname.lastname@example.org or text or call us at the number above.
Please feel free to download our Ultimate Guide to Selling your home in 2016 below.
Click here to download our Homeowners Ultimate Guide to selling their home.
This article and the majority of articles written on this website were written by Byron Robinson, managing broker for Realty Dream Makers.