How to Determine the Best Time to Sell in Houston
Every city and region across the world has its “perfect” time to sell, meaning that houses sell quicker, for more money, or both. If you live in the Houston area and plan on selling your home any time soon, here are some tips on how to determine the best time to sell:
Take a look at what you prioritize
Some people would prefer to sell their home quickly, while others would rather sell for more money. Sometimes these two intersect; homes that sell quickly also tend to sell for more, unless, of course, you’re selling to an investor. However, if you really want to focus on one area, then there is often a best time to sell quickly and a best time to sell for a high price.
For those who want to sell quickly
A house that stays on the market for way too long tends to lose value, so you don’t want to waste any time when it comes to selling. Houston has historically been ranked as one of the top two cities in the United States for net population growth, so realistically you shouldn’t run into too many issues. However, before you’re forced to ask why my home isn’t selling, you’ll want to find both the best month to close on your home and what your home is worth.
The best time to sell in Houston quickly is in the month of July, when houses sell for, on average, 6.9 days faster. Since it takes about three months to close, we recommend listing around the month of May.
For those who want to sell for more money
A high sales price after closing is a priority for almost anyone. With that in mind, the best time to sell your home in Houston for more money is in the month of June. In this month, homes tend to sell for around 7.48% more than the yearly average.
Well, selling during these months isn’t going to mean much if you don’t sell smartly. Start by hiring an experienced real estate agent who can help you understand the market and help you determine what your home is worth. The team here at See Tim Sell in West Houston is here to help with all of your real estate needs. If you plan on selling soon, get in touch today!