It’s no secret that summer draws homebuyers out in droves. But fall will be here before we know it, which means sellers have an important decision to make. Should you put your home on the market now, or wait until the leaves start to change? Here’s everything you need to know about selling a home in the fall.
Here, we’ll look at the pros and cons of selling a home in the fall market—and help you decide whether holding off is the right strategy for you.
The upsides of selling in summer
If your home is more or less ready to go on the market, there may be some potential benefits to showing it before the end of summer.
For one thing, homebuyers love curb appeal—and you can take full advantage of that fact during the sunniest months of the year. Summer landscaping can make your home far more attractive, so pay attention to your lawn and flower beds.
Another important consideration is the sheer number of buyers that come out when the weather is warm. More showings means more opportunities to showcase your home’s best features, which could lead to a quick and profitable sale.
Lastly, many families hunt for homes—and hope to move—in the summer. School’s out, which can make moving with kids less of a hassle. If your home and neighbourhood are great for families, selling in the summer could work to your advantage.
Benefits of Selling Your Home During the Fall
One of the first things to consider when it comes to selling a home in the fall is who your most likely buyer will be. It’s true that there are usually more families home hunting in the summer. But if your house or condo is just as appealing (or more appealing) to young professionals or empty nester looking to downsize, the fall could be as good a time as any to put it on the market.
Of course, post-summer isn’t one of the most popular times to sell—but that could actually work in your favour. When there are fewer homes on the market to compete with, yours has a better chance of standing out.
The more limited selection of houses or condos available in the fall is just one factor that can spur buyers to make a purchase. In many cases, home hunters have been weighing their options all summer long. But once fall rolls around and cold weather is just around the corner, they tend to enter decision-making mode.
Planning to sell your home while on vacation?
Should you hold off?
So, should you rush to get into the market in August, or is selling a home in the fall a better option? The truth is, the perfect time to sell is whenever you’re ready.
If you’ve already done a lot of preparations, a good real estate agent can help you get your home on the market quickly. They’ll identify your most likely buyers, create a marketing plan to draw those buyers in, and (hopefully) help you sell before summer ends.
If you’ve only just decided to sell and haven’t started getting your home ready yet, there are also plenty of benefits associated with waiting until the fall. The key is to sell the right way—which means finding an agent who can guide you through the process and making sure your house or condo is in tip-top shape.
Preparing to sell your home? No matter the season, I can help. I have the experience and local market knowledge to help you find the right buyer. Contact me today, and we can discuss your needs.