When is the best time to sell my house?

When is the best time to sell my house?

One of the most common questions I get about real estate is, “When is the best time to sell my house?”. The smart aleck answer is whenever someone is willing to give you more than you want for it. A more honest and overly specific answer is that the best time to sell a house in late May, during a the peak of a sellers market which of course will be the same time that you found a great deal on the home of your dreams. This time is also known as the day that pigs fly.

In reality, there is not a specific time which is best to sell your home. Like so much in life…it is very situational. Your needs and wants should drive the decision of when to sell a house. In that vein, here is a list of things you may want to consider when you are deciding when to sell your home.

  • Does your current home fit your family situation? If your home has suddenly become to big as the last of your 3.5 children moved out, or suddenly become to small as you found out twins are on the way, or maybe you need another bedroom for an aging parent.  It may be time to look into listing your home for sale.
  • Does your current home fit your lifestyle? As we move through life, our desire to entertain guests changes. May the house with the huge deck, pool, dining area, and the spacious living room is more than you need now…or maybe its the other way and you bought a cute little house that just isn’t cut out for entertaining the guests that your career or lifestyle as grown into. Either way, it may be time to give selling the house some thought.
  • How is the housing market? If its anything like right now…then the answer is get the house out there. Inventory is hot and buyers are insanely active. If the market is more like three years ago, with depressed prices and sluggish buyers then maybe you want to stay put a few more years.
  • How about equity? Do you have enough equity to sell the house at market value, pay for various fees involved in closing and come out with enough cash to satisfy your needs? If not, maybe you want to look at some other strategies. If you do… look at some of the other factors and see if selling your home is the right call for you.
  • Do you have somewhere that you want to move to? If so, it is pretty obvious that you need to look at selling as an option. Unless of course you have being an out of town landlord on your bucket list.
  • What school district are your kids in? Do you like it? Do you want to move your kids into a better one?
  • Are you envious of your friends neighborhoods? Do you like yours? Either way could tell you if you need to sell your home and move on.

Now this list could go on and on…but I think the point is clear. While there are times on the calendar that more homes are sold than others, houses sell year round. They sell in all kinds of market conditions. So while we can market strategically, the best time to sell your house is when your wants and needs tell you it is.

If you want to work with a Realtor who can help you sell your house WHENEVER it suits your life, call Robb at 317-657-8059 or email robb@yourrealtylink.com to set up a free consultation.

If you are thinking about selling your home, or if you would just like to know what your home may bring on the open market; fill out the form below and request a CMA on your home.
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About Robb

A husband, Dad to 5, and Grandpa to 9. US Navy Vet. 18 Year Postal Employee turned full time Realtor. I enjoy a wide variety of things, but you will find that here I mostly write about Indianapolis, government/politics, recent news, and whatever book I am reading or have just finished at the moment.
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