Why Summer is the Best Time to Sell Your Home

Even though the real estate market tends to slow down in the summer, buyers are still eager to close deals before fall. Here’s why summer can be an ideal time to sell your home:

Key Points

• Momentum from Spring: The energy from the spring real estate market often carries into June, but activity typically slows down from July through September.
• Motivated Buyers: Many buyers are eager to purchase and close before the new school year or before starting a new job.
• Optimal Showings: Longer days and warmer weather allow sellers to present their homes in the best possible light.

Why Summer is a Great Time to Sell

Warmer Temperatures Motivate Buyers
Spring may be the top season for selling homes, but summer has its perks too. With flowers still in bloom and clear skies, listing photos can look fantastic. Plus, buyers are keen to close deals and settle in before fall. Buyers’ activity tends to taper off in winter due to holiday obligations and school schedules, making summer a prime time for those ready to move quickly.

In some markets, like secondary home and resort areas, summer can be especially good for selling. According to broker Andrea Saturno-Sanjana of Coldwell Banker Warburg in New York, summer is also a busy time in major cities and luxury destinations where vacationers get a taste of the local lifestyle and amenities.

Summer Weather Improves Showings

First impressions are crucial in real estate, and summer offers some of the best weather for showings. Longer daylight hours and pleasant temperatures help showcase your home’s best features and enhance curb appeal. According to the National Association of Realtors, 97% of members believe curb appeal is vital in attracting buyers. A study by the University of Texas at Arlington found that curb appeal can boost a home’s value by up to 7%.

However, hot summer days can be challenging. Ensure your home feels cool and inviting during showings to provide the best experience for potential buyers.

Less Competition Among Sellers

After the peak spring season, many sellers wait until autumn to list their homes. By choosing to list in the summer, you can face less competition. In a low-inventory market, buyers are looking year-round, and summer sellers can attract serious buyers. In May, there was just a two-month supply of homes available on average across the U.S., according to Redfin.

Get a Head Start

There’s still time to list your home this summer, but it requires preparation. Reach out to an agent a few weeks before you plan to list to ensure you have everything ready. Selling your home also means you’ll likely be buying a new one, so starting early can streamline both processes.

Four Tips for Selling in Summer

1. Prep Your Home: Keep your lawn mowed, trim trees and shrubs, and plant colorful flowers. Staging is essential to help buyers envision themselves living in your home.
2. Price Smartly: Avoid pricing too high to attract serious buyers and avoid extended days on the market.
3. Ensure Your AC is Working: A comfortable home is crucial for showings. Make sure your air conditioning is in good working order.
4. Be Prepared: Stay ready for negotiations, as serious summer buyers may want to act quickly.

By following these tips, you can make the most of the summer real estate market and find the right buyer for your home.

Why Summer Is the Perfect Time to Sell Your Home | Real Estate | U.S. News (usnews.com)