Why is Summer the Secret Weapon for Selling Your Home

The spring market has been a whirlwind of open houses and bidding wars. Maybe you listed your home then, or maybe you were waiting for the right time. As the days grow longer and the sun climbs higher, you might be wondering if the window to sell has closed. Think again! Here's why summer can actually be a secret weapon for getting your home sold quickly and for top dollar.

Inventory is starting to shrink. The frenzy of spring buyers has inevitably eaten into the available homes on the market. This means that by listing now, your home won't get lost in a sea of options. In fact, according to industry leader Rocket Mortgage, "homes that are listed at the end of spring and the beginning of summer typically sell faster at a higher sales price." With fewer competitors, your home has a chance to shine and attract serious buyers ready to make a move.

1. Eager Buyers on the Hunt:

Some families prioritize moving before the new school year. Others, after battling a crowded spring market, might feel discouraged but still motivated. With inventory shrinking, your house could be a shining beacon to these eager buyers, ready to snatch up the perfect property.

2. Potential for Top-Dollar Offers:

The combination of motivated buyers and a shrinking pool of homes creates a prime opportunity for multiple offers and potentially a higher selling price. However, with competition potentially fierce, it's crucial to be strategic. Ensure your home is priced competitively and maximize its appeal to stand out from the rest.

3. High Home Equity Can Fuel Your Next Move:

The current housing market boasts historically high home equity levels. This means you'll get a significant amount of money back from the sale, which can be a major boost for your next move. Not only that but with the right preparation and pricing, homes are selling above the asking price in many areas in San Mateo County.**  For instance, a recent report showed that homes in San Mateo County sold for an average price of $2.4M. You can find similar reports for your area on sites like Zillow or Redfin or see the data below.

Ready to Make Your Move?

Summer can be the perfect time to sell your home and unlock the equity that fuels your next chapter. Here at Pickett Real Estate, Kevin can help you create a personalized plan to sell your current home for the most money and find the perfect new space that meets your needs. Contact Kevin today for a free consultation, and let's get you moving!

-----

San Mateo County Rolling 3-Month Data

Below, our data is based on averages for Single-family homes in San Mateo County over the last 90 days (February to April 2024). This data was gathered on May 02 , 2024.

San Mateo County Market Report

Thinking of selling?