Bluewest Properties Real Estate Blog - West Michigan Real Estate Agency

When Is the Best Time To Sell a House? | BlueWest Properties

Written by Elizabeth Stierstorfer | Oct 14, 2024 6:07:00 PM

As a potential seller, you’re probably wondering when is the best time to sell a house. 


Many people will tell you that spring is the ideal season to list a home, and in many cases, that’s true. But in reality, there is no one-size-fits-all answer!


Timing depends on several factors, including market conditions, your personal goals, and the specific neighborhood you live in. 


At BlueWest Properties, we know the West Michigan real estate market inside and out, and we’re here to give you the inside scoop.

The Best Time of Year to Sell a House: Why Spring and Early Summer?

When you ask a real estate professional when the best time of year to sell a house is, their answer will likely be spring or early summer. But why is that time so favorable for sellers? 

Increased Buyer Demand

The weather warms up during spring and summer, making house hunting more enjoyable. Many families also want to move during this time of year so they have time to settle into their new home before the next school year starts. 

More Curb Appeal

First impressions matter, and spring gives your home the perfect opportunity to shine. Homes tend to look their best during the spring. With blooming flowers, lush lawns, and bright greenery, properties are more visually appealing to buyers. 

Curb appeal plays a huge role in attracting buyers, and the season's natural beauty can highlight your home’s best features.

Competitive Market

Since many buyers look for homes during spring and early summer, the market inevitably becomes more competitive. This increased demand can lead to bidding wars, which can benefit sellers by allowing them to receive higher offers and a faster sale.

Why Selling in the Off-Season Could Work for You

Yes, spring and early summer are often considered the best times to sell property, but don’t overlook the advantages of the off-season. 

Fall and winter can also provide top-notch benefits for sellers. 

Less Competition

When market inventory is low, buyers have fewer options. This increases the chances of your home getting noticed and selling faster. Since fewer homes are listed during fall and winter, you’ll have less competition, and your property is more likely to stand out to buyers. 

Motivated Buyers

Buyers searching for homes during the off-season tend to be more motivated. Whether relocating for a new job, undergoing a significant life change, or aiming to close before year-end for tax reasons, these buyers are often in a hurry to secure a home. This urgency could translate into a quicker sale for you, and they may be more willing to meet your asking price or negotiate less aggressively.

Faster Transactions

During the peak selling season, Real estate agents, mortgage brokers, and appraisers can be swamped with work, which could lead to delays in the sale process. 

In the off-season, however, these professionals have more time to devote to your transaction, allowing for faster and smoother processing. This can be especially beneficial if you need to sell quickly.

Other Factors to Consider Beyond the Season

The time of year isn’t the only factor to consider when selling your home. Several other factors can play a significant role in the success of your sale. 

Your Personal Situation

Sometimes, the best time to sell relies on your personal circumstances. Whether you need to move for a new job, are facing financial challenges, or have other life transitions, the right time to sell may simply be now. 

If so, don’t wait for the “perfect time” and delay your plans unnecessarily. Do what’s best for you at this moment. 

Tip: At BlueWest Properties, we consider all the factors—seasonal and local market trends and, of course, personal situations. Let us help you get the best results from your home sale, no matter the time of year. 

Local Market Trends

Local real estate markets vary greatly depending on location. In some areas, the best time to sell a house may not align with the traditional spring and summer peak. 

For example, certain seasons might be more profitable in places where tourism or specific industries dominate. Local economic conditions, job growth, and housing demand all affect the timing of a home sale.

Tip: Work with a knowledgeable real estate agent to understand your area’s trends. At BlueWest Properties, we can provide valuable insights to help you choose the most strategic time to sell based on what's happening in West Michigan.

Timing Tips for Selling in Different Markets

Depending on whether it's a hot market or a cool market, the timing of your home sale could make a significant difference in your success. Here's how to approach each type of market:

Hot Markets (Seller’s Market)

In hot markets, or “seller’s markets,” homes are in high demand, and inventory is low. When a seller’s market is occurring, eager buyers are actively searching for homes, and it’s a good time to sell, no matter what time of year it is. 

During this time, homes tend to sell quickly, and bidding wars can drive up offers, sometimes well above the asking price.

Tip: If the market is hot, don’t hesitate to sell in the off-season. Even during fall or winter, serious buyers will still be searching and competing for available properties.

Cool Markets (Buyer’s Market)

In a cool market, or “buyer’s market,” there are more homes for sale than buyers, which can make selling more challenging. 

Buyers have more choices and can be more selective during cool markets. In these conditions, timing your sale to align with higher-demand seasons like spring and summer can help increase your chances of attracting buyers.

Tip: Consider renovating or improving your home's curb appeal in a cool market to make it stand out. Even minor updates, like fresh paint, landscaping, or upgraded fixtures, can make a big difference in catching a buyer's eye when competition is fierce.

Need Help Determining the Best Time to Sell YOUR Home?

When determining the best time to sell your home, nothing beats the insight of a knowledgeable real estate agent who understands your local market. 

A seasoned expert can analyze key data points like supply, demand, and recent sales trends to help you decide when to list your home for maximum success. 

At BlueWest Properties, we specialize in the West Michigan real estate market and are here to provide you with a personalized market analysis. 

Whether you’re selling in a hot or cool market during spring or the off-season, we’ll give you the tailored advice you need to make the right move.

Ready to sell? Contact us today for expert guidance and find the best time to sell your home!