Thursday, April 7, 2011

Now is a Great Time To Sell Your Home


Homeowners often wonder if there is a favorable time of the year to sell their home and my response is NO. The two most important factor in selling your home do not change whether the home is listed for sale in March or November.


The first factor would be the "average days on market" for you area. For example, let's say the average home for sale between $200k to $250k in Valparaiso takes 135 days to sell. If you list your home for sale on April 1st, chances are it will be sell by August 15th. Market time does vary depending on the number of homes for sale and buyers in an area.


Another important factor is the price. Your home should be priced at or lower than comparable homes which have recently sold. An overprice home will linger on the market and in the end sell for less than it should have.


So if you are ready to expand your living area, need to escape a cramped condo or relocate to be near the grandchildren; now is a great time to sell your home.