If you ask Realtor.com, they would suggest selling your house between April 16–22. Their market analysis, based on the data from 2018–2019 and 2021–2022, reveals that the third week of April sees higher-than-average prices and lower-than-average market time for listed properties. This means that if you place your property on sale during this period, you are more likely to find a buyer quickly or sell your house at a good price.
The truth is, there is no one-size-fits-all answer to this question. The best time to sell your house will vary depending on several factors, including the condition of your home and your circumstances.
This blog aims to explain why your intent matters when determining the best time to sell your house.
Most Common Reasons Why People Sell Their Properties
As implied, the reason behind selling your house is directly linked to the best time to put it on the market. According to the National Association of Realtors, the top three reasons homeowners in the US sell their houses are:
- Desire to move closer to relatives
- Retirement plans
- The neighborhood becoming less desirable
If you can relate to these reasons, you are probably eager to find a buyer and embark on a new chapter in your life.
What happens now that the third week of April 2023 is over? Do you need to wait until next year?
Unpopular Opinion: The Best Times to Sell Your House Outside April
Here’s the twist: some houses sell for a reasonable price outside April or beyond the third week. Factors such as the region, current season, market activities, new ordinances, and even luck can affect the chances of finding a suitable buyer. Consider these times when deciding to put your house up for sale:
Right Now (If You’re on a Rush)
Sometimes, situations arise where you need to move out as soon as possible. It could be a great career opportunity in another city or a compromised sense of privacy. If an urgent move is necessary, it is perfectly acceptable to put your house on the market immediately.
It is not ideal to compromise your safety or future by waiting for a better market condition. If luck is on your side, you might reap a good deal out of your listing even off-season.
It’s no secret that renovating your house can increase its market value. Room renovations, landscaping improvements, or a fresh coat of paint on the exterior walls can significantly enhance your property’s marketability.
If you are willing to invest in these renovations and can afford to wait, it might be beneficial to complete them before listing your house.
When There Are Few Listings in Your Area
Another lesser-known insight about the best time to sell your property is when others are not selling. Keep an eye on the listings in your area and time your sale when there are fewer properties. While this might sound counterintuitive, it can actually help you sell your house faster.
If you choose this option, it is advisable to consult a reputable realtor in Seattle first. Some months may have fewer listings for a specific reason, and you don’t want to end up at a disadvantage.
Partner With Experienced Brokers at Blue Pacific Real Estate
Ultimately, the decision of when to sell your house boils down to the question “How urgently do you need to sell your house?” If you’re in a hurry, waiting for the peak season may not be a wise choice. However, timing plays a role in achieving better outcomes.
Whether it’s the peak season or not, Blue Pacific Real Estate is here to help you sell your property for the best price. We understand the monetary and sentimental value you put into your house, and we want to ensure that you won’t have any regrets once it’s sold.
Are you considering listing your house on the market soon? Consult our brokers today!