Selling Your Home? Its All About Timing!
If you’re thinking about selling your home, you may be wondering when the perfect time is to place that “For Sale” sign on your front lawn.
One of the most critical factors influencing how quickly a home sells—and whether it sells for list price or higher—comes down to competition in the marketplace.
With that in mind, there are several compelling reasons to consider listing your home in the coming weeks. Historically, the first few months of the year see a low inventory of homes in the west GTA and surrounding areas.
While most Canadians prefer to move in the spring or early summer, finding a real estate agent to sell your home early in the year may offer unique advantages. Spring and summer moves are certainly more convenient than a mid-winter move, particularly in January. Most homebuyers close their transactions at the end of May or June, so when you consider that real estate closings typically take place 30 to 90 days after a purchase, now is actually the ideal time to list. For families, selling while the children are still in school often simplifies the process, allowing for a smooth transition by the end of the school year.
It’s true that Ontario springs offer fresh beginnings, as winter’s greys make way for colourful gardens and green lawns. Many homeowners believe this is the perfect time to showcase their home’s curb appeal. However, it’s important to consider that between April and June, the market tends to be flooded with new listings. This increase in inventory creates more competition, which can make it harder to secure top dollar for your home.
When it comes to selling, the first and most important step is to work with a top-performing real estate agent who can expertly guide you through the process. At Alex Irish & Associates, we draw on years of experience to provide our clients with an unparalleled real estate journey, whether they’re buying or selling.