What is the best time of year to sell real estate?

| Jan 29, 2021 | Real estate law |

As a general rule, the spring and fall seasons are the best times of year to sell a home in Idaho. However, it may be possible to get the best price for your home regardless of when you put it on the market. Take a look at what you need to know before listing your home for sale to ensure that you can find a buyer in a timely manner.

Why the spring and fall seasons are peak times for home sales

The spring months represent a great time to liquidate your house because demand tends to build up during the cold, dark and dreary winter months. As the temperatures rise, the days get longer and people are excited about going outside again, you can expect the market to buzz with activity. Homes tend to sell during the early fall months because parents are trying to get settled before their children start school. Alternatively, individuals may be interested in finalizing a purchase before the weather starts to get bad.

Deals can still be done during the winter season

While the market tends to slow during November, December and January, there are ways to entice buyers to take a look at your property. For instance, you can allow a potential new owner to keep any of the appliances that are already in the house if he or she closes on a deal by a certain date. It may also be a good idea to highlight the fact that your home has a new furnace, has new insulation or is otherwise equipped to keep a person warm during the cold season. This might be enough to convince someone living in a drafty apartment to put an offer in on your house now as opposed to waiting until the spring.

If you are interested in selling your property, it may be a good idea to do so with the help of a real estate law professional. He or she may be able to ensure that your home is transferred to its new owner in a timely manner.