When should you sell your home?

Hi! I’m your Mark Griswold, your North Idaho neighbor helping people with their real estate needs since 2017.
Originally from Seattle, my family and I moved to Coeur d’Alene in 2020 for a slower pace and small-town feel. In addition to real estate, I am an active member/volunteer of St. Pius X Catholic Church, the Knights of Columbus, my sons’ Scouting Pack/Troop, and the North Idaho Writers League. I enjoy entertaining friends and exploring the world and the great outdoors through travel, hiking, sailing, skiing, and writing.

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January 5, 2018

The short answer, especially in this hot market, is anytime you want. Over the last year in the greater Seattle market, regardless of month, homes have generally sold in under a month. In fact, it was the rule, more than the exception for a wisely priced home in King County to sell in a week regardless of when it was put on the market. Even during the dreary winter months, when most people would rather be snuggled up by a fire than out looking for their next place to live, homes sold in record time.

But even though this has been the case and will likely continue to be for some time, there are generally times that are better to sell a house. Again, if you were a buyer, would you rather be driving around during the balmy days of summer or the cold and wet of January?

According to a study by ATTOM Data Solutions, which was recently completed and covered 14.7 million nationwide home sales during the years 2011 to 2017, May was the best month, to sell. Locally, the best month was June, with sellers enjoying a 4.1% premium over the average.

This just makes sense. During the sunnier months, there are more people out searching for homes. More people means more offers and more offers means a greater price.

So, if you’ve been thinking of selling your home, now is the perfect time to start preparing. Even in this hot market, your home needs to be made ready for sale. This means doing an accurate valuation of what it is worth, making any minor repairs that will be beneficial, cleaning up the yard, and cleaning and staging the home to give potential buyers that extra WOW-factor that will make them instantly fall in love and pull out their checkbooks.

If you’d like a free analysis of what your home could potentially sell for and what should be done to it to achieve that price, please don’t hesitate to give me a call.

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