Feeling Cool about Selling in November or December? If you need to sell your home in the next month or two, you might be worried. After all, aren’t spring and summer the ideal seasons to list your property? If you list in November or December, you might have difficulties attracting buyers and getting the best price for your home. Right? Not necessarily. While it’s true that spring and summer are traditionally busy periods in the real estate market, properties do sell every month of the year. So, if you’re thinking of selling, you’ll need to know two things: • What comparable homes are selling for at this time of year. • How long homes are taking to sell, on average. However, we are also not having a typical year! Our single family home inventory has dropped 31.22% compared to last year. We have seen 970 single family homes sold this year so far compared to a total of 856 in 2019 and the average price of a single family home has increased 9.71%.
We are in a seller’s market and that means there are more buyers looking for homes than there are sellers. And properties will likely sell fairly quickly; perhaps even get multiple offers. So, if you or someone you know is on the fence about listing their home this time of year, it might be the right time.