It's Always a Good Time to Sell In a Year-Round Market

There are many great Kalamazoo area home for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (269) 569-5521 for a FREE home buying or selling consultation to answer any of your real estate questions.

A lot of clients have been asking me whether now is a good time to sell their property. In order to answer this question accurately, let me explain something first...

You can always sell your home...but let's make sure we do a full, comprehensive market analysis so that we are best positioning your home to sell the quickest, and for the most amount of money.

Here in West Michigan and in the world beyond, society moves year-round. Corporate relocation is happening all the time, and people are moving around the country for various reasons. It's easier than ever to travel, and with this phenomenon comes a year-round housing market. With this being said, I can tell you that any time of year is a good time to sell your home.

Are there certain periods of time where it's better to sell your home? Certainly, but not to a great extent.

• I've calculated that on average, there is only a 10% difference in the amount of homes sold from season to season, which is not a large difference statistically.
• Every day there are 12,000-14,000 homes sold in the United States.
• A surprising statistic I dug up was that seven years ago, at the peak of our real estate market, our inventory was enormous because the market was booming.
• Our current market inventory is down by 47%, yet we are selling more homes now than back in 2007.

Things to Know about Our Current Market:

• Prices are still very low, but they are beginning to rise again in hotter markets.
• Interest rates are still historically low, although they're expected to rise again.
• Buyers will be aware of this and be more inclined to purchase this year rather than in 2015 when rates have risen.

• Inventory is Way Down: Compared to recent years, inventory is down by a whopping 47%.

So, to answer your question, it's always a good time to sell, but this year is a significantly better point in time to sell. 

Hopefully I have thoroughly answered your questions, and if you need any real estate assistance whatsoever in the Western Michigan area, please give me a call. You can reach me at (269) 569-5521 or email me at scott@scottashbaugh.com