Times are changing and you’re thinking about moving the family into a new home. But before you start searching for your next dream home, you’ll need to figure out when you’re going to sell your existing home. The decision is a complex one, especially considering the unpredictable economic environment you’re living in. And while there’s no magic formula for determining the best time to sell a home, there are several factors you should consider.
When is the best time to put my home on the market?
Is there a wrong time to sell? It comes down to the timing for you as the seller what works best for your plans to move. However, in terms of the "home selling season" there isn't a wrong time to list your home. Our climate on the central coast is not one where you have to worry about snow or freezing weather. The winter months can be a great time to list. Our lifestyles have changed in the short time since the pandemic - the traditional seasons of home buying disappeared overnight. Don't get caught up in the myths the holidays are not a good time to list a home. While there may be fewer buyers, the buyers out there looking are serious and will willingly submit an offer. Plus they see less competition for themselves and feel better about being in a stronger position for you to seriously consider - and accept - their offer.
The best day for selling
According to research, Thursday is the best day of the week to list your home for sale. By listing your home for sale on a Thursday, you can make it available immediately for weekend showings. Come Saturday – the busiest day for real estate – your home will have only been on sale for two days, which is great for attracting full-price offers. In general, the shorter amount of time your home remains on the market, the higher the offer you’ll receive.
When your home is represented by the Sotheby's International Realty® brand, it benefits from the worldwide recognition and prestige of the Sotheby's name and gains exclusive access to highly qualified global clientele.