Selling your house is one of the most stressful experiences that you will ever have. The thought of packing up your entire life and moving to another location can be overwhelming. Throw in the added headache of preparing your house to show it to potential buyers, and you have a seemingly impossible task.
The real estate market has become a booming business over the last couple of years. People selling their homes are trying to take advantage of great asking prices. There is such a limited supply of houses for sale that they frequently end up in a bidding war. Some people are so anxious to buy that they buy anything available, sight unseen. They are relying on the advice of their realtors and virtual tours.
In Idaho, the real estate market is hot right now. It is a great time to put your house on the local market. Here is some information to help make your home sale a little less stressful.
The Best Times To Sell a House Differ Per State
The best time to sell a house will depend on where you live. Usually, when people think about buying or selling their homes, they think about spring and summer. These might be popular home selling times for many, but it is not a hard and fast rule.
Seasonality is a vital aspect of selling your home. Warm, beautiful weather makes the idea of open houses and shopping for homes much more appealing. People looking to buy have the bonus of enjoying the beautiful landscapes of prospective houses. Homeowners and realtors also have the opportunity to show off any outdoor perks that they have on their properties. Pools, decks, and barbecue areas are great selling points for families.
There are multiple factors to consider when calculating the best time to put your home on the housing market. These include weather, temperature, hours of sunshine in a day, and even time zones. States that have milder temperatures year-round will have longer selling periods.
The best way to decide the best time of the year to put your home on the market would be to discuss your options with a real estate agent or buyer company. They have the experience and the knowledge to help you make the right decision. For example, companies that buy houses in Boise and cash home buyers Nampa will give you specific, up-to-date information on their local markets.
Best Time to Put Your House on the Market in Idaho
Right now is a great time to put your house on the market in Idaho. Property values are overvalued, and Millenials consider Boise a great place to live.
One of the decisions you have to make is when to put your house on the market. Having the luxury of time will help lessen the stress of this decision. House selling is something that takes planning and patience. It is a transaction that usually takes several months to complete. One of the first things you should do would be to consult with a real estate agent. They will guide you through the steps of putting your house on the market and selling it with minimal stress.
Choosing the best time of the year to put your house on the market will help guarantee your success. The busiest time in the real estate market is spring and summer.
In Idaho, the best time to put your house on the market to sell quickly is the month of June. Usually, Idaho houses stay on the market for 32 days, 15 days faster than average. You can even get to sell your house in 7 days.
The best time of year to put your house on the market to sell for the best price is the months of June and August. Houses selling during these months usually sell for 5% more than average.
Late spring and summer mean nicer weather. Buyers are more willing to attend open houses. School is out, so it is easier for people with small families to pack up and get settled in their new home before the new school year starts.
People that live in Boise have a little bit more time when putting their houses on the seller’s market. September seems to be the best month for sales in Boise. Usually, sales dip during the fall, but business is still brisk in Boise when it starts. This could be because there is not as much inventory, as buyers are looking to get settled into their new home before the holiday season.
The Worst Time to Put Your House on the Market in Idaho
The worst time to put your house on the market in Idaho is in the winter. Sales slow during the cold season. Fewer buyers want to venture out to open houses during the cold winter months. There are fewer houses for sale on the market and fewer buyers. Having your house stay on the market for an extended period can force you to lower your asking price to garner some attention. Having your house listed for too long might also make potential buyers wonder what might be wrong with your home because it keeps popping up on the market.
Trying to sell your house in October could prove difficult as well. The impending cold and dreary nights of winter make the idea of packing and moving undesirable. If you are on a tight schedule and need to sell during these times, make sure you don’t sell to any person or company that offers but rather a trusted one that doesn’t undervalue your home just because of the season. Keeping this in mind, however, if you see “We buy houses Idaho” during late fall or winter, take the opportunity.
So, while selling your house in the fall is generally a challenge, in Boise, there is a big difference between the months of September and October.
Differences Between Selling Your House in the Summer vs. The Winter
Here are the differences between selling a house during the warmer and coldest seasons in detail.
Showings
During the summer, home sellers will have plenty of showings. Long sunny evenings will encourage more people to come out and visit your home. In the winter, the cold weather will stop some people from wanting to visit the home you have for sale. You can show off how efficient your heating system is by having your home warm and cozy when potential buyers come to visit your home in winter.
Motivated Buyers
In the summer, you will find that buyers are more motivated than they would be if you are selling your house in the winter. They might have missed out on a house they wanted during the spring, and now they are in a time crunch to find a house before the new school year begins. There are many more houses to choose from, but the market is also flooded with buyers. Finding and buying your perfect home becomes a race for many. Buyers in the winter have the luxury of waiting until early spring when more inventory comes onto the market.
Convenience
For many, the ideal time to move is between Memorial Day and Labor Day. This is the most convenient time for families with school-aged children to move without worrying about schedules. The weather is also nice and predictable, so that is one less worry that home buyers have. Winter weather can sometimes cause delays that complicate the issue of moving.
Shows well
Houses show much better when it is light and sunny, which could even boost your home value. Summer landscapes are also much more vibrant than blankets of snow. It is also much easier to show outside areas, such as decks, pools, and barbecue pits. With longer days, it is easier for people to get out and see houses after they have finished their workday. Most people are not keen on walking through the snow to look at a yard that is covered in snow.
Buying and Selling
If you are looking to sell your home and then buy another, summer is probably the best time for you to enter the seller’s and buyer’s market because there are many more houses to choose from. In the winter, you might not be able to find a house that you want to buy right away.
There are pros and cons to selling in the summer and the winter. Depending on your situation, you will need to decide when is the best time for you to put your house on the market. You must also keep in mind that even though you put your house on the market, it might not necessarily mean that it will sell right away. You have to be ready to start packing and moving whenever your house sells.
Conclusion
Putting your house on the market involves a great deal of planning. June seems to be the best month to put your house on the market when you live in Idaho. If you live in Boise, September seems to be the month when you will have the most luck putting your house on the market. Spring and summer seem to be the best seasons for moving, but keep in mind that it is the weather that influences buyers. In states where it is warmer year-round, you will find a longer selling period.
The best way to decide on a time to put your house on the market is to deal with a real estate agent in your area. They can tell you the best time for showing and selling your home. Regardless of when you decide to put your house on the market, make sure you have a plan in place in case your house sells more quickly than you thought it would.