Reasons You’ll Love Selling Your Home in Spring
The days are getting longer and the sunsets are getting more vibrant as we head deeper into spring in Orange County. As more people get out to enjoy the warmer weather, we’re going to start seeing a wave of open house signs in yards across the neighborhood and the foot traffic to match. This seasonal increase in both active inventory and demand throughout the housing market signifies that we’re in the best time of year to sell a home. If you’ve been thinking about selling, here are some of the reasons you’ll love selling your home in the spring, and why you shouldn’t wait to begin the listing process.
3 Reasons You’ll Love Selling this Spring
As you may know, home sales tend to decline during the winter. This is mostly attributed to the cold weather and holiday obligations that cause both buyers and sellers to put a hold on their moving plans. But as soon as we come out of the holiday stretch after New Year’s, the demand starts to rise again. Those buyers that had put their plans on hold are now looking to purchase homes, which gives sellers some of the best conditions of the year to sell. Over the last month, overall demand has increased by 9 percent and luxury demand in particular jumped 22 percent. If you’ve been waiting to sell your home, don’t wait any longer. If you list now, you can still capitalize on the best time of year to sell your home.
PRO TIP: Demand is up, but that means that competition amongst sellers is up as well. Ensure you’re presenting your home in the best way possible. This means decluttering and staging your home, as well as completing any minor or major repairs. If your home is move-in ready, you’ve already got a leg up on the competition.
When you get your home appraised before selling, one of the factors taken into consideration is how much comparable homes in the same area have been sold for. With more homes being sold during this time of year, the more the numbers can favor sellers, if you sell your home at its fair market value.
PRO TIP: Higher valuations doesn’t mean inflated valuations. Pricing your home above fair market value can lead to your home being on the market for an extended period of time or for you to be overlooked by buyers completely.
There’s something about warm weather that makes people want to get outside. The same can be said about warm weather and its effects on the housing market. The warmer it is, the more it makes people want to leave the comfort of their homes and go house hunting. Orange Countyhas been warming up, slowly but surely. As the weather continues to warm up, those Open House signs are going to start littering the yards of homes all over Orange County. Selling your home in spring means that you can take advantage of the weather, and the extended hours of day in order to attract more people to your home.
PRO TIP: After you’ve prepared your home for your open house, consider leaving. Buyers are almost always more comfortable when the sellers aren’t there when they are asking all of their invasive questions. Let your agent handle the little details and they can always contact you if they need additional information.
Work with an Experienced Ladera Ranch Realtor
Hands down, spring is the best time of year to sell your Orange County home. If you’ve been waiting for the right opportunity, the time has come. Rosemary is an experienced realtor with more than 18 years serving the communities and people of Orange County. Listing your home can be a daunting process, but having the right representation makes all the difference. Contact Rosemary today to start the listing process.
- M: 949.285.3215