“When is the best time to sell a house in San Diego?” This depends on of course, 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 during most of the year so worrying about when the snowy season may come is not on the horizon. Most would say in other parts of the country that the best time to sell a house would be in the spring or summer. This is not the case when you sell a house in San Diego.
San Diego’s Metro Communities
Most of the homes we sell are in San Diego’s metro communities, such as North Park, South Park, Normal Heights, University Heights, Hillcrest, Mission Hills and a few others. People that are searching for a house in these communities are not necessarily looking to move here because of the schools. More so we find that people want to be part of the lifestyle that comes with living in a more urban type of neighborhood, which these neighborhoods offer. For them, buying a house in San Diego and being able to walk to restaurants, shopping, cafe’s and so much more is very attractive to a lot of people.
Because of this, it really depends on whether it is a good time for you (the seller) to sell your house. Does it make sense for you because of a job transfer or you would like to move closer to the rest or your family? Whatever your situation is, then I would say, 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. But, all I can say is that our team has helped many buyers and sellers buy homes and sell homes on both these occasions. Although, the one thing that we have noticed is that 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. If it happens to be during the holiday season, this has not stopped them from putting in an offer on a home. As a matter of fact, they may have less competition as a homebuyer. But, the same is to be said for the home seller. Some home sellers will hold off putting their home on the market until after the Holiday. They believe that they will have more buyers if they wait. What they forget about it that they will also have more competition from all of the other home sellers that decided to wait as well.
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 home to come on the market and have priced it correctly, you should receive an offer within the first 30 days. Here in the San Diego Metro area, when our listings hit the market, we are receiving offers within the first 7 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, and this will ultimately end up hurting you in the long run.
Contact the McT Real Estate Group if you would like more information on today’s real estate market in San Diego.