Does the Market Slow Down When School Starts?

Is selling your home after school starts a good idea?Does the market slow down when school starts?

Spring is well known as the real estate market busy season all around the nation and there are reasons why this is so. For instance in Spring the weather is milder for moving, people are motivated to start fresh/make big overhauls in their lives, and the budding nature helps boost curb appeal to show homes in their best light. What about fall though? Is it still a good idea to put a home on the market in the fall especially if you are trying to sell your home quickly?

Fact is the real estate market is active all year long. Homes are indeed bought and sold in every season of the year. Some seasons are of course more active in the real estate world than others but it is not impossible to get a home sold at any time of the year as long as you have the right marketing. Play to the strengths of your home and use the season you put your home up for sale to your advantage. For instance in fall do a little seasonal decorating to entice buyers to want to come inside and take a closer look. 

Related post: How to Stage and Sell in the Fall

Traditionally the market is a bit slower in fall than in spring but the market does not take a huge plummeting drop in the fall. There are  parents who prefer to search for a home in the fall when their kids are back in school giving them time to look for homes without needing to bring the kids along or find childcare.There are also buyers who need to relocate now and buyers who prefer to shop when the competition between other buyers is not as high. In some markets there is a slight increase in home sales after Labor Day with more buyers available to search after busy summers. This is good news for homeowners who need to sell a property quickly.

If you are a homeowner who needs to sell their home right now do not be discouraged you can indeed sell your home in fall. If you are under pressure to get your home sold now you may want to consider selling your home to a cash home buyer. Selling to a cash buyer will allow you to sell your home as-is and close in as little as a few weeks. Give us a call if you are interesting in learning more about selling your Louisville Home fast! 

 

Post a Comment

LOUISVILLE Market Trends

Total Properties Listed: 5,735
Month-Over-Month Change: 0.12%
Average Days On Market: 176
Total New Properties Today: 7
Median List Price: $158,000
Month-Over-Month Change: 10.72%