New World 2000 Realty Inc., Brokerage

Monday, January 7, 2013

Get Ready for the Spring Market!

According to statistics the best time to sell your house is from April to July. 

For Sale sign in front yard of house


Year
Apr
 May
 Jun
 Jul
Spring Avg
 Non-Spring Avg
Spring Bump %
Average Price
Price Increase %
 2008
 356
363
350
310
 345
 208
66%
 344,902
 -
 2009
 314
 332
 417
 351
 353
 224
58%
 358,345
 4%
 2010
 380
 394
 309
 288
 343
 244
41%
 385,828
 8%
 2011
 345
 366
 349
 312
 343
 240
 43%
 413,134
 7%
 2012
 354
 364
 311
 293
 331
 226
 46%
 453,382
 10%


As per the table above May is the month with the most activity.  People attempt to sell their house in May so they can enjoy the summer and get settled before the Fall, especially if they have children going to school.  As you can see average sale prices have been increasing over the last four years, so if you want to list your home and sell it quickly now is the time.

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