Finding the Perfect Time to Maximize Your House Sale

When is the Greatest Season to Sell a House?

The most recommended time of the year to sell a house is when supply is low and demand is high. The quantity of properties for sale is referred to as supply, and the number of buyers is called demand. A "seller's market" refers to a market with more purchasers than available homes. This is the type of market where homes sell rapidly and frequently, with many offers above the asking price. 



Buyers are willing to spend extra at this time of year since there is less available inventory and greater competition. When demand in your local market is low, and the number of properties for sale is large, it is the worst time of year to sell a house. This is known as a "buyer's market." The housing market's supply and demand change throughout the year and are influenced by the location of the home being sold.

How the Season Affects the Ideal Time to Sell

The reason why house sales are modified seasonally is because the seasons have a direct impact on home-buying activity in different areas. 

Selling a House in Spring

In many housing markets nationwide, more buyers will begin their home search in early spring. There are often two causes for this:



• Buyers want to get in before the registration deadline for a new school.
• Warmer weather.

As a result, many sellers believe that spring is the greatest time to list their home. While this is correct, it is also an oversimplification. Other sellers are thinking the same thing, which implies that there will be more competition. And more competition equals a greater supply of available properties for sale

Simplified Process

Summer months bring out more we buy houses in Kansas City companies in various markets for similar reasons: nicer weather and buyers need to enroll their children in time for the school year. The one difference between the two (apart from warmer weather) is that many families take vacations during the summer months, resulting in less home purchase activity during specific weeks. In other locations, hot summer days deter purchasers from actively looking for a new house. 

Selling Home in Fall

Some homeowners believe that home sales prices fall in the fall, which is not always the case. In many locations, the inventory of available homes for sale begins to decline in the autumn, although buyer demand remains robust. For example, the median selling price in the southern region of the United States from October to December 2021 was $315,633, the highest of any quarter in that region. Remember that while these homes sold in the last three months of the year, most of them were advertised in the fall. 

The same thing happened in 2020 for the Southern, Western, and Northeastern regions; however, Covid most certainly had something to do with it. Many purchasers looking for a property in the fall are pressured to close before the weather turns poor and the holiday season begins. As a result, selling to Kansas City we buy houses companies during the fall season can provide a wonderful opportunity for home sellers to attract cash buyers with less competition.

Selling a Home in Winter

Most sellers believe that the winter months are not the best time to sell a home. Winter months, like fall, nearly always have fewer homes posted. Winter purchasers are often serious we buy houses Kansas City, MO buyers. Sure, some buyers are preoccupied with the holiday season and may prefer to wait until the new year begins, but taking advantage of a market with less competition can help you land a top-dollar offer from the right cash buyer.

How to Decide the Best Month to Sell a House?

Find the Month in Your Market with the Highest Sale Price

This can be accomplished by obtaining annual trends for the last several years from a quick search on the internet. This will reveal which month resulted in the most money for home sellers in your local market. 

Get the Average Days on the Market

This metric indicates how long recently sold residences were on the market before accepting an offer. Make sure you consider your home's condition, position on the street, and asking price to receive the most accurate estimate.

Calculate the Average Closing Time

This factor will estimate how long the buyer will take to complete their financing once your transaction is pending. This normally takes between 25 and 60 days, depending on the typical buyer in your area. It can be way less when selling to we buy houses Kansas City companies.

Subtract the Projected Days on the Market and Time to Close from the Highest-Priced Month

For example, if June is the month in your area when properties sell for the highest money, and the average days on the market for a home like yours is 25, and the average time to close is 30 days, then April is probably the ideal month to sell your property (June - 50 days). This type of local data can help you decide which month is ideal for you.