What Is the Best Time of Year to Sell a House?
Last year, existing home sales were at their highest point in over a decade in the Nashville real estate market and across the country. But is there a month or season that’s better for selling? If you’re wondering when the best time is to sell a house, you’ve come to the right place.
We’ll go over the pros and cons of each season to help determine the best time to sell for you. We know Tennessee real estate. We also know that no home is the same. One season might work great for one family while another is better for you.
From spring to winter, there are benefits and drawbacks to any season. There are also benefits to selling your home as-is. Let’s jump in and find the right option for you.
Selling a House in the Spring
The best time to sell a home is different for everyone. Spring is typically thought of as the busiest season to sell or buy a home. With the weather in Tennessee heating up, many home buyers are anxious to get out and start house hunting.
Spring is also a busy time for renovations and new construction. As a homeowner of an existing home, this could be a disadvantage to selling in the spring with more competition for new builds.
Another advantage to selling in the spring is that families with young children will have time to settle in before school begins. When you sell in April or May, you can close in June and let children finish school. School plays a big factor in why spring is often the busiest season to buy or sell a home.
Home Selling in the Summer
Selling a home in the summer comes with several perks. To start, Tennessee summers are warm and beautiful. There’s no worry about a cold snap when you’re hoping to get potential buyers in for showings or host an open house.
In terms of school, there is also still plenty of time for families with kids to find a home. Anyone who didn’t find a home during the spring rush will also be more motivated to find one. This can help drive traffic into your home.
The summer is also a great time to show off your outdoor space. If you have a beautiful yard or pool, summer is the time to showcase it. Buyers will get to see your backyard in full bloom when they come to tour.
Selling Your Home in the Fall
Selling a home in the fall means kids are back to school. If you’re selling a condo or smaller home, this won’t affect the number of people coming to tour your home. The weather in Tennessee has also gotten better. Homebuyers will get a little break from the summer heat.
For families with school-aged kids, there can be downsides to buying and selling in the fall. Parents will find moving during the school year stressful. This is especially difficult if kids are switching schools.
On the positive side, you’ll see less competition in the market. Once the school year starts, many people will decide to stay in their homes or even take them off the market.
Sell a House in the Winter
Selling in the winter is often a great time for you on the buy-side. You’ll see less competition and fewer houses on the market. Many people choose to wait to sell until after the bustle of the holiday season. This could get challenging given the already low supply, however.
If you choose to sell in the winter, you’ll also have fewer houses to compete with. As a home buyer, you may also get a deal on a home that’s been listed since the summer. Home sellers may be anxious to unload their property before the spring rush.
If you’ve been having trouble selling your home traditionally, it may be time to explore an as-is, cash offer. You won’t have to stress about getting your house sold before spring.
Benefits of Selling Your Home As-is to a Cash Buyer
No matter the season, we’re here to make you a cash offer on your home. The benefits of selling your home to a cash buyer are almost endless. To start, there’s no need to wait for the perfect season.
There’s also no need to prep your home for sale. You don’t have to stage it, make repairs, or host open houses. There’s no waiting for a buyer to come tour or host an open house.
With a cash offer, you’re also guaranteed to close. When you have a buyer with financing, there’s no guarantee something won’t fall through. Buyers may run into trouble with their lenders, change their minds, or have issues with inspections and appraisals.
Sell Your Home As-is No Matter the Season or Time of Year
Whether you choose to sell a house in the summer or the fall there are always benefits and drawbacks. Each season comes with its own challenges and rewards. Making a cash offer with us is also an option regardless of the time of year.
No matter the season you’re looking to sell in, we’re available to assess your home for an all-cash offer. The sooner you accept a cash offer, the sooner you can move on to your next home. To learn more, fill out the contact form here. You’ll be put in touch with a real estate expert who can give you a free home valuation.
