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When Is The Best Time To Sell My House?

Posted by Joshua Jarvis on Monday, April 24th, 2017 at 8:37am.

It's hard to believe that when we looked at this back in 2014 that this would be so popular, but clearly since posting this video it's even more clear that there are indeed best times to sell your home.   When we did our Atlanta Market Update earlier this year you can clearly see where the swings and valleys are.  So while I'd probably tell you that the best time to sell is when you need to move (in other words, don't time the market) clearly the data is compelling enough to suggest that you could indeed time your move to coincide with a real estate cycle. 

The Best Time To Sell Your Home

When Is The Best Time To Sell My House?

This question comes up almost every day. When is the best time to sell my house?  Ultimately, some things can't be time but if you can time it then there's more strategic times then others.  Most advice is generically given about selling in the spring or summer months.  It's true that there are more overall listings and active buyers during these times but that might not always be the best time to sell your home. 

For example, spring is historically when there's a huge influx of real estate closings.  In Georgia, closings can happy 30 to 60 days from offer, so that means if there's a high number of closings in March or April, then the buyers were likely actively viewing homes in February or January  and previewing homes in November and December if not further out. 

Likewise homes that close right before school starts were likely home searches that were well under way during the school season (at least for Gwinnett County residents).  It's easy to see then that listing your home shortly after summer break starts might be one of the worst times to sell since a buyer wouldn't be able to close and move in before school starts, defeating your whole strategic timing. 

So, When Is The Best Time To Sell My House? Each situation is different.  In the winter home buyers that look at homes in November generally HAVE to purchase.  So you have less showings overall but typically can be more rigid. 

In addition, paying attention to local market conditions is HUGE.  Early in 2014, the Jarvis Team pleaded with sellers in the Hamilton Mill area to list their homes before the builder inventories rose.  Sure enough, by Summer Hamilton Mill home owners were competing and losing to local builders with newer homes.  

It's self serving for us to say this but your best bet is calling a professional real estate agent like the Jarvis Team to handle your sale strategically based on your unique situation and goals. 


 

Joshua JarvisPost Author: Joshua Jarvis

Joshua Jarvis is the owner and founder of Jarvis Team Realty.  Joshua is a follower of Jesus, husband and father.  Joshua loves technology and helping connect others.   An Atlanta native and a graduate of Georgia Tech, Joshua is often called a "homer" because he's all about local Atlanta teams and loves the diversity that is the calling card of the "ATL."

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2 Responses to "When Is The Best Time To Sell My House?"

Chris wrote: This is very accurate information. I would like to add that if you are buying a house in the near future and are using a loan for the purchase, get pre-Approved for a loan amount, not just Qualified. There is a difference. Have that ready by thanksgiving. We buy houses at the best prices during the month of December. There are fewer buyers, the weather is gloomy (which works on a psychological level), and banks are trying to close the books on the years foreclosures that have not sold.
On the flip side, selling works better in the spring months and when the kids get out of school.

Posted on Monday, February 20th, 2017 at 1:02pm.

Joshua Jarvis wrote: Thanks Chris! That's true. I'm going to add the different loan terms up in the related links now. Thanks for bringing that up!

Posted on Monday, May 22nd, 2017 at 1:12pm.

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