Is selling your home on your list of things to do this year? Whether you are upsizing, downsizing, or relocating, you want to sell as fast as possible. One of the best ways you can make sure that your property will sell quickly is by choosing the right timing. Keep reading to find out why timing is important and when you should sell your Parker County property for maximum impact.
1. Why is it necessary to sell at the right time?
In real estate, the right timing matters. If you want to sell your Parker County property quickly, then you need to list your home at the right time. The first thing to consider is how the local real estate market is performing. Is there a lot of buyer demand for homes for sale in Parker County? Are buyers often engaging in frantic bidding wars? How much are luxury homes selling for?
Getting answers to these questions (and more) can help gauge whether the real estate market is optimal for selling.
Knowing how the real estate market is doing can help you determine if you should sell your home now or wait until later. Consult a Parker County real estate agent who is knowledgeable about market trends and insights. They can give you guidance on how the market is doing and how it could affect your sale.
2. Consider the Parker County real estate market
Currently, Parker County is experiencing a market with rising home prices. The median price for all types of homes in Parker County is $474,997, with prices having risen nearly 20% year-to-date
. As prices keep rising, some buyers are even getting priced out of the market. There are more homes available for sale, increasing at a rate of 20% as of March 2023
. This trend seems to be continuing in Parker County cities such as Weatherford, with home prices experiencing an upward trajectory in the first quarter of 2023. Furthermore, many homes throughout Parker County are taking longer to sell, with the average length of time at 46 days
. With greater negotiation power, buyers will likely have more time to search for homes for sale in Parker County.
Despite this outlook, sellers can still sell quickly by maximizing their home’s potential through expert staging and marketing. In addition, selling during the right season can help.
3. Choose the right season
After the frenzied holiday months, buyers now have time to begin thinking about where they want to live. This usually falls in the spring when the weather starts to get warm, and flowers bloom. The warmer days mean that buyers can attend open houses and showings without having to worry about snow, rain, or other incremental weather. In addition, some buyers operate under the academic year schedule, as they are motivated to find a new home before the start of the next school year.
This desire to find a new home for their families makes the summer months another great time to buy. The weather is still beautiful, and many buyers have even more time to search for homes. June is typically the best month to sell in Texas, with many homes taking 30 days on average
. However, it is important to keep in mind that many buyers go on vacation during the summer. When scheduling open houses, you need to consider which days would bring in the most buyers. Usually, the holiday weekends can bring in a lot of buyers, as they often have more time to visit open houses while running errands.
With mild temperatures, autumn can be a great time to sell your home in Parker County. As there will likely be fewer homes for sale in the autumn, you might be able to sell quickly to a smaller pool of interested buyers. Many homes for sale in Parker County look stunning against the beautiful backdrop of colorful foliage. Sellers can add holiday decorations to create a semblance of a warm and cozy gathering place for families. However, in the autumn, the days often get darker quickly, and as temperatures drop, many buyers might choose to stay closer to home. Consider hosting open houses in the afternoon on the weekends so that buyers can visit while they are out and about.
The winter is generally regarded as the time that is hardest to sell a property. With colder temperatures, many buyers are simply not interested in venturing outdoors to look at potential properties. In addition, many buyers are busy focusing on celebrating the holidays with friends and family. If they are planning on searching for a home, that usually happens once the holidays are over. Despite this, many sellers can still successfully sell a property in Parker County. With fewer people putting their homes on the market, you are less likely to have to compete with other sellers. By using expert staging and marketing tactics to put your property in front of the right buyers, you can sell your Parker County home quickly and for maximum dollar.
4. Choose the right day to list
The day that you list your home on the market matters. Every second that your property spends on the market can create doubt in buyers’ minds. They might begin wondering if there is something wrong with your home simply because it has not yet sold. To avoid this situation, you need to list on the right day. Consider the days of the week and when prospective buyers are likely to begin searching to help accelerate the selling process.
Since many buyers are usually off work on the weekends, it might feel natural that the weekends might be the best time to list. However, prospective buyers are usually busy running errands and engaging in a variety of activities. With an action-packed weekend planned, buyers might not have time to settle down to view home listings.
The beginning of the work week is not much better. By the time Monday and Tuesday roll around, many people are busy catching up with emails and meetings. It is usually when the following weekend is in sight that people start making plans. If they are searching for homes, it is likely that they will begin looking on Thursday or even Friday. By searching for homes on Thursday, buyers can plan to visit open houses during the weekend, and the property could even go under contract by the following Tuesday. Homes listed on Thursday sell the fastest by up to five days and even sell for $3,015 more
Listing your home on a Thursday in the spring or summer can give you an advantage. However, you still need to schedule a consultation with an experienced real estate team who can help you choose the perfect time to sell for maximum impact. Consult the experts at the Rees & Piper Team
, who can provide top-notch guidance on everything from creative marketing strategies to tried-and-true negotiation tactics. With over twenty years of combined experience closing more than 1,500 transactions, this top-producing Parker County real estate team can certainly sell your home quickly for maximum value.*Header photo courtesy of Rees Atkins