When is the best time to sell a house in San Diego?” This depends on what part of San Diego you live in and what your reason for selling is. The San Diego real estate market, is unlike other parts of the Country. The sun shines most of the year, so worrying about when the snowy season may come is not on the horizon. In other parts of the Country, most would say that the best time to sell a house would be spring or summer. This is not the case when you sell a home in San Diego.
San Diego’s Metro Communities
Most of the homes we sell are in San Diego’s urban communities, such as North Park, South Park, Normal Heights, University Heights, Hillcrest, Mission Hills, and others. People searching for a house in these communities are not necessarily looking to move to these neighborhoods because of the schools. We find that people want to be part of the lifestyle that comes with living in an urban type of neighborhood, which these communities offer. For them, buying a house in San Diego and walking to restaurants, shopping, cafes, and so much more are very attractive to many people.
Because of this, the best time to sell a house in San Diego depends on whether it is a good time for you (the seller) to sell your home. Does it make sense for you because of a job transfer, or would you like to move closer to the rest of your family? Whatever your situation is, that is “the best time to sell a house.”
You may hear from some people that Thanksgiving or Christmas are not good times to put your home on the market. Again, this may be true in some parts of the Country. All I can say is that our team has helped many buyers and sellers buy homes and sell their houses on both occasions. Although the one thing that we have noticed is during the week of Thanksgiving and Christmas, home showings do get a little slower.
With this being said, serious home buyers are out looking year-round. This has not stopped them from submitting an offer on a home if it happens to be during the holiday season. They may have less competition as a homebuyer. But, the same is to be said for the home seller. Some sellers will hold off on putting their homes on the market until after the Holiday has passed. They believe that they will have more buyers if they wait. They forget that they will also have more competition from the other sellers who decide to wait.
What is the Average Time to Sell a House in San Diego?
If you and your Realtor have done all of the upfront steps with preparing your house to come on the market and have priced your home correctly, you should receive an offer within the first 30 days. When our listings hit the market in the San Diego Metro area, again, if priced correctly, we are receiving offers within the first seven days. With this being said, no matter what type of market we are in, if you overprice your home, you will end up sitting on the market longer than other homes, ultimately hurting you in the long run.
Contact the McT Real Estate Group if you want more information on today’s real estate market in San Diego.