Timing Your Home Sale: Best Times to Sell in the Real Estate Market—Real Estate Q&A
Meta Description: Discover the best times to sell your home in the real estate market, including insights into seasonal trends, optimal selling seasons, and market activity fluctuations. Gain valuable knowledge to help you make informed decisions about timing your home sale for maximum success. Contact Dave Parker, REALTOR®, for expert guidance on navigating the timing of your home sale and achieving your real estate goals.
Welcome back to Day 6 of our real estate question series! Today’s focus is on a critical question for sellers:
Question 6: When is the best time to sell a home?
The optimal time to sell a home is typically during early spring and summer, particularly from May through August. Research indicates that these months account for a significant portion, approximately 40%, of the total annual sales volume in the real estate market.
For instance, in Oklahoma City in 2022, home sales peaked in June, following a strong performance in May. Although there was a slight decline in July, sales picked up again in August, almost matching June’s numbers. However, as winter approaches and holiday preparations begin, market activity slows down, leading to a decline in sales starting from January.
It’s essential to note that while sales remain relatively steady through early fall, January experiences the lowest market activity, making it the least favorable time to sell a home.
Tomorrow, we’ll delve into the decision of whether to buy a new home before selling your current one. For any future questions or assistance with buying or selling your home, feel free to contact me at 405.401.0099 or visit https://daveparker.sites.c21.homes.
Wishing you a productive day until our next discussion!
For full text, visit video on our YouTube Playlist: https://www.youtube.com/playlist?list=PLOrIAsa07BvxMX7230jW_xOrrLzrBxPt0
Dave Parker, REALTOR®, License #204189, Phone (405) 401-0099.
Century 21 Judge Fite, 1220 S. Santa Fe, Edmond, OK 73003, Broker #154475. Contact (405) 359-7400. Email: Dave@mrdaverealty.com.
Website: https://daveparker.sites.c21.homes
Questions courtesy of Clever.com
KEYWORDS:
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- Seasonal home sales trends
- Real estate market timing
- Selling in spring and summer
- Winter home sales impact
- Historical sales data analysis
- Optimal selling season
- Market activity fluctuations
- Home sales volume by month
- Timing home sale decisions
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