When Is The Best Time To Sell?
By Jeff Cook | September 24, 2015
Today I just want to take a moment to discuss the question, "When is the best time to sell my home?". I get asked this question all the time and I think it will be helpful to take a few minutes to really look at this question together to insure you feel confident when you decide to list your home.
Most places have to deal with what is called "seasonal adjustments" when it comes to deciding when to put a home on the market. Simply put, more homes are sold in the summer months than in the winter months. Somewhere like the Northeast, for example, may sell only forty percent in the winter months of what is sold in the peak summer months. For us here in Charleston, with the weather being so nice and consistant year around, we do not have to deal with any major "seasonal ajustments".
What we see here at Jeff Cook Real Estate and in the Charleston area is, even in the winter months and Holiday season, we will sell about ninety percent of what is sold during the summer months. What we also see during this time of year is that, while our sales percentages do not drop much, our inventory drops drastically. So what does that mean for you?
This means that for you as the seller, it is the prime time to list our home. It becomes a basic case of supply and demand. With the number of people searching for homes to buy remaining high but the number of listings becoming signicantly fewer, you can list your home with less competition on the market. This makes the fourth quarter of the year the perfect time to list your home!
But in all honesty, as I have mentioned in previous blogs, there is really not a bad time of the year to list in the Charleston, SC area with the current real estate market. The Low Country is growing rapidly with the expansion of industry coming to the area. There will continue to be families moving to the area for jobs and looking to buy a home. Maybe even your home.
Check out the current real estate market in your area here.
Find your homes value here.
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SELLING your Charleston, SC home visit: www.JeffCookRealEstate.com
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