Real Estate Market Monday: Home Selling "Season"
I am often asked, "When is the best time to sell my home?" And my answer? When you're ready.
In 2024 in Jackson County, Sellers were most likely to get close to 100% of their listing price in February (100%), April (99.9%), May (100%), and June (100%).
Days on Market were lowest in May (18 days) and June (18 days).
But supply vs. demand (which we call Absorption rates) put Sellers in the best position in January (2.7 months supply), February (2.6 months supply), and March (2.6 months supply).
SO WHAT DOES THIS MEAN??
Our spring/early summer real estate market (April-June) tends to be the busiest time of year, but there are also perks to selling earlier in the year when there's not as much competition.
So really... the best time to sell your home is when YOU are ready! And for the record, I listed & sold my personal home TWO DAYS BEFORE CHRISTMAS (typically the worst time of year to sell), and it sold in 24 hours. There are ALWAYS Buyers buying & Sellers selling... 365 days a year!
Have questions? Thinking about selling your home this year & need advice to get it ready? Let's make a plan!