Aaron  Lieberman

Aaron Lieberman

Real Estate Agent

License #: SA685639000

TIERRA ANTIGUA REALTY

Mobile:
520.273.2273
Office:
520.544.2335
Email Me
Aaron  Lieberman

Aaron Lieberman

Real Estate Agent

License #: SA685639000

TIERRA ANTIGUA REALTY

Mobile:
520.273.2273
Office:
520.544.2335
Email Me

When is the Best Time to Sell My Home?

If you have been watching the real estate market or tuning into the news, you’ll have an indication that prices over the past two years skyrocketed, generating impressive equity for most homeowners. But with rising interest rates and quickly changing economic conditions, many property owners who were waiting for the ‘peak’ before selling are now questioning when is the best time to list their home for sale.

From seasonal sales data, economic factors, and practical personal considerations, it's true that there can be a time when it's best to sell.

But should you be in a hurry to sell right now while prices are high and there's signs of market decline on the horizon? Let's break it down.

 

First, Assess Your Motivations

If you’re considering selling your home merely because you’re beginning to feel anxious about a possible market decline, it’s time to take a big, deep breath in. Unless you have aspirations to upgrade, downgrade, or relocate, then it's okay to sit back and ride out market fluctuations.

Those who get stressed about a dip in the market and then rush into selling their home often find themselves needing to buy while prices remain high. While the near future might see some home prices drop, there is still a housing shortage in Tucson. Amid a housing shortage, it's unlikely that home values will have a severe decline.

 

The Best Time of Year to Sell

If you are confident it's time to sell your home, your next step should be to asses when is the best time of year to sell your home, assuming you have the luxury of time at your disposal. According to data provided by Redfin, Tucson homes listed in April earn the highest premium on sale price. This is partly because April represents the start of the spring selling season, which peaks in May and dwindles as winter approaches.

Why is April such a popular time to list? Not only is Tucson's spring weather spectacular, meaning that homes show well and buyers are out and about, but spring is the ideal season for families to buy. In addition, buying in spring gives families with children the perfect amount of time to move and get their household acclimated to their new space and neighborhood before school starts.

Does this mean that April is the only time sellers should consider listing their properties? Absolutely not! The fall months leading up to the holidays are another excellent period to sell your home. Buyers are looking to move in before or after the holiday period.

One of the benefits of selling in fall is that while the market still has plenty of buyers, this season doesn’t have the corresponding spike in inventory as spring. Waiting until spring could position your property in a competitive sales environment, ultimately making it more difficult to sell.

 

The right time to sell is when you decide.

Sometimes, life gets in the way, and we have to sell during less ideal market conditions or slower months. These situations is when selecting the best real estate agent becomes so important! It's our job to make any time the best time to sell your asset. 

Have Questions?