More often than not, the first question we are asked when sitting down with a prospective client is: “when is the best time to sell our home”? In today’s hot market, the single most important factor determining the time that it takes for a home to sell and whether than home sells for list price or above, can be attributed to the amount of competition in the marketplace.
There are many reasons to consider placing our For Sale sign on your front lawn now! A record low inventory of homes in Oakville and beyond has created a seller’s market. Homes and condos are being snapped up in bidding wars, selling at the full list price or often surpassing it.
It is a known fact that Canadians prefer to move during the spring and early summer months. The most popular closing dates are at the end of May and June. For families, it is easier to sell a home when the children are in school and it is preferable to move at the end of the school year. If you consider that the majority of real estate transactions have a closing period of anywhere from 30 to 90 days, now is actually the time you should be listing your home.
Yes, it is true that spring in Canada is a time of rebirth, when the winter grays are replaced by bursts of colour. Gardens are in bloom, the grass is green and many potential sellers that that this may be the right time to list their home. But curb appeal should not be the only deciding factor. It is worth noting that spring can be a more competitive time with more inventory flooding the market.
Our team, Alex Irish & Associates, ensures that all of our clients receive an unparalleled real estate experience, one that offers ethical and uncompromising hands-on service. Whether you are buying or selling a home, our association with Sotheby’s International Realty will surpass your real estate expectations.