When is the Best Time of Year to Sell Your Home?



There are many great San Fernando Valley area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at 818-720-9922 for a FREE home buying or selling consultation to answer any of your real estate questions.

We get asked all the time whether now is a good time to buy or sell. While most people think the spring and summer are the best times to sell, the numbers suggest the later months are a pretty great time to sell. Many homeowners take their home off the market because they think they'll get a better price come spring. With more sellers sitting on the sidelines, those who decide to go ahead and sell in the fall benefit from a lack of competition.

Homes sold in January often sell for a lot higher and with multiple offers because there is less for buyers to choose from. Interest rates are still quite low, hovering just above 4%, so buyer demand is still quite high. When looking at the numbers for last December in San Fernando Valley, we noticed more listings closed escrow than were on the market. We saw a similar trend in January and February of this year, before things started to change when March came around.

The months of December, January, and early February are perfect for maximizing your home's value. Competition is low and buyers are serious, giving you an upper hand in negotiations. If you want to take advantage of these favorable conditions, don't hesitate to reach out to us. We would love to assist you in any way possible.

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