REALTOR® 

Times are changing and you’re thinking about moving the family into a new home in the Austin area, but before you start searching for your next dream home, you’ll need to figure out when you’re going to sell your existing home. The decision is a complex one, especially considering the unpredictable economic environment you’re living in. And while there’s no magic formula for determining the best time to sell a home, there are several factors you should consider.

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The slower season for selling

This likely won’t come as a big surprise but the slower season is during the winter holiday season. Schedules fill up during the holidays and most people are in “holiday mode”. The result? Fewer buyers are really itching to buy.

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However, in recent years, the has been less of a slowdown during the holidays, and active, serious buyers are still looking during the holidays. Further, many homes that are more festive than the rest of the year are more inviting.

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The busy season for selling

Conventional wisdom dictates that spring and summer are the best seasons to sell a home. In spring/summer, the holidays have passed, the new school year is still a while away, and gardens and other outdoor spaces tend to look their best. And while spring/summer is the season that sees the largest amount of buyers, it’s also the season when inventories are highest. This means increased competition, so if you’re going to sell in spring/summer, you really need to get your property to stand out with effective marketing and staging.

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What about fall?

The fall is a great time to sell in the Austin area! Many people want to get into their new home for the holidays or they need to buy by the end of the year and the clock is ticking. Whatever the case, inventory tends to be lower and buyers who need to buy are motivated. It can also be a great time to sell in Central Texas since our winters are mild and it’s a great time to get out of a colder part of the country!