They say timing is everything and this is especially true for real estate. Here’s what you need to know about peak season for houses for sale in Ewing, NJ.
The best time to sell your home in Ewing, NJ
There are no rules when it comes to timing the sale of your home. Industry experts consider May and June as peak months for real estate activity though the majority of agents consider the summer months as one of the best times of the year to list your home. However, this varies depending on local market temperature and trends.
Spring and summer are ideal because traditionally, housing market activity is on the upswing because better weather conditions allow buyers to head out and view properties. Lush greenery and clear skies also make for better real estate photos and videos. The National Association of Realtors (NAR) declared April 20 to 21 as “Nationwide Open House Weekend” back in 2013 for this reason.
However, with the availability of virtual tours and the potential for stunning winter-time real estate photography, sellers no longer have to restrict themselves to listing their properties in the spring and summer seasons.
If you miss the spring and summer seasons, consider selling in the fall soon after Labor Day weekend. Fall is a good time to attract buyers who spent the summer vacationing and getting together with friends and family instead of actively looking for homes.
Generally speaking, the holiday season tends to see less real estate activity. Many agents will advise against listing your home just before Christmas. Buyers tend to get caught up in holiday celebrations with little to view properties and deal with paperwork. But this is also a good time for buyers who want to find real estate bargains with less competition in the market.
Timing your submission to the Multiple Listing Service (MLS)
MLS is a database of listings available in a specific area. Buying agents customarily send clients automated emails containing active MLS listings on Fridays, so it helps to list your home on the MLS right before these emails get sent so that your listing will be one of the most recent additions to the database. Buyers tend to be highly motivated to check out the newest listings, as opposed to stale listings, in any market.
According to The Balance, the best time to post listings on the MLS is 12:01 a.m. on a given Friday. Your agent can also create your listing with private status and schedule for it to go live at 12:01 a.m. on Friday. Your listing will then appear as a new listing to buyers who browse on a Friday morning. Of course, you can still list homes on other days and still close a sale.
How to know it’s the right time to sell your home
You should also take your personal and professional circumstances into consideration when timing the sale of your home. Depending on your reasons for selling, you may need to list your home as soon as possible, as with a divorce, work relocation, or death in the family.
On the flip side, you may also decide to bide your time in listing the property. This will give you sufficient time to make home improvements or find a new home to move into. In short, you should sell when you’re ready.
For more information on the home selling process in Ewing, NJ and the surrounding communities, contact David DePaola and Company Real Estate at 609.883.4161 or send us an email at David(at)DePaola(dotted)com. We are a premium boutique agency with over 40 years of experience. We can discuss the timing of the sale of your home along with other matters.