The market always moves up and down. In the most competitive real estate markets, knowing when home buyers are most active may be the difference between receiving a strong offer quickly or having it sit on the market for months.
The local market is red hot, which is great news for homeowners hoping to sell quickly in San Antonio. In the past year, the median value of a home went up by 7.7%, and it is expected to go up by another 4.5 % in the coming year. This all means that a listing at any time is likely to be a successful one.
Knowing how the market is doing can help you decide when the best time is to sell your house. This can make the difference between a good selling experience and a bad one. Working with an experienced real estate agent that’s familiar with the ins and outs of your area’s market is another excellent strategy for entering (or exiting) the market at the right moment.
The Best and Worst Time to Sell a Property in San Antonio
Statistical evidence suggests that July is the ideal month to list your San Antonio home for sale if you want to get the most money and sell your home quickly. The average number of days to conclude a sale was reduced by more than six during the month of July.
February is the worst month to sell a home if you need to close quickly, taking an average of 7.8 days more than the rest of the year. This has added about a week’s worth of anxiety and worry that wasn’t required.
Remembering that the average transaction takes three months (90 days) to close will help you time your listing perfectly for the summer months.
After doing some research, it seems that early Thursday is the perfect day of the week to advertise your house for sale. This is because most people start browsing the newest listings in the middle to late part of the week before they go out to open houses on the weekend. If you want as many people as possible to see your ad, posting it on Thursday is your best bet.
Working with a Real Estate Agent Is Key
Of course, you want to make money when you sell your home. So, if you want to make the most money possible, it looks like August would be the best time to sell your house. When homeowners sold their homes in August, they got 3.7% more than the average for the year.
If you want to make the most money from selling your house, you should avoid January. In that month, houses in San Antonio sold for 8.1% less than the average price for the year.
Also, it’s important to get a good estimate of how much your home is worth. A top agent knows the market inside and out, and they can recommend what to list the property for.