When Is The Best Time To Sell My Home In Ponte Vedra Beach & Nocatee?
Many factors come into play when putting your home on the market, but a study conducted by Zillow in 2016 has revealed that May is the best month to try to sell your home. That means you have about two months, and as the best real estate agents in Ponte Vedra Beach we know how to get your home prepared to be sold for the highest value.
:: The Statistics ::
The Zillow research discovered that homes listed between May 1 through May 15 sold around 18.5 days faster than homes that weren't listed during that time frame. They also found that homes sold in that time frame were also purchased for about 1% more than the average listing, which translates to a bonus of around $1,700.
:: The Joys of Spring ::
A lot of people want to buy a new house in order to make a fresh start. It's the ultimate in spring cleaning. In recent years, the number of homes available for purchase has been down, impacting the number of sales, leading to a shortage of viable homes and creating more of a seller's market.
The housing market starts to perk up a little in December, and the spring selling season starts to get into full swing by the end of February. However, if prospective buyers spend all those weeks looking, but have nothing to show for it, they start to get very eager.
This means that by May, they are pretty desperate. Many families want to be in their new home and settled by the time the school year starts, so will be more open to purchasing, and even willing to pay more, in order to get a house.
:: Regional Variations ::
There are some regional shifts in this pattern, however, but those paths only enhance the market in Ponte Vedra Beach and Nocatee. Most people will start actively looking for a new home when the weather is nice, so they might start earlier or later depending on climate.
When in doubt, check out the Zillow tool "The Best Time to List Your Home" to track trends and determine the best time to list via your zip code.
:: Aiming for May ::
Since the first two weeks of May will likely be the best time to list your home, knowing this can help you make the most of the opportunity by lining up all your ducks in a row. You can get everything done in advance in order to make a quick sale before you ever list the home. Fresh paint inside and out, staging your home, de-cluttering and donating to charity can all be done according to this timeline.
The more your home creates the impression that the prospective buyer can move in right away without having to worry about any major repairs or changes, the more likely they are to buy.
If you have missed the May window of opportunity and need to sell, not to worry. It's still a seller's market and you are sure to get a buyer if your house is attractive and in good repair.
:: Work With Experts ::
As Ponte Vedra Beach and Nocatee real estate experts, we can help! We have over 30 years of experience in this market, with over half a billion dollars in sales. Even if you're not sure what the right move is, please reach out to us so we can learn about your goals and provide insight on things you might consider.