Selling Your Home in Summer: Stats & Tips
Longer days bring more buyers and more opportunities!
Summer is the time to make big moves! With renters looking for something more substantial by the end of the summer season and increased buyer activity overall, sellers can expect tons of interest, higher selling prices, and greater potential for bidding wars.
The most recent market update for Barnstable County shows the median home sales price was $749,000 which is up + 19.3% since this time last year. Did you know that every home that sells in your area affects your home valuation? If you have been considering putting your home on the market, these summer advantages might make you take the plunge!
Longer Summer Days
With the sun setting around 8:15 in the summer on Cape Cod, the longer days give house hunters and vacationers more time outside to explore the area. The cumulative days on market until sale last month in May was only 28 days! This means your house could easily be sold by the end of the season. Near the end of the summer with the buying window closing, prospective buyers are more likely to make competitive offers and close faster. In order to compete in this final rush of action, you will want to make sure you don’t wait too long to get your property ready and listed!
Showcasing the outdoors
By taking a few extra steps to highlight your outdoor spaces & prep your home for an open house, it will give the guests the most enjoyable experience and could potentially bring you more offers. Use these tips to get your home ready to sell successfully this summer:
Take advantage of colorful landscaping.
Maximize natural light and trim back any trees that block windows.
Make sure A/C and ceiling fans run properly.
Provide shade in outdoor areas.
The most convenient time of the year
Most single-family home moves take place between Memorial Day and Labor Day. The open summer schedule gives families with school-aged kids, more time during the day to explore the area and tour open houses. More predictable summer weather also gives buyers confidence as they make the move into their new home on a sunny day.
Good time to buy
Well, now what? Find what’s next! Since we know now that summer is a great time to sell your home, that means the market also has plenty of options to find exactly what you’re looking for. There is a higher chance of a smooth transition between selling your home and buying your next in the summertime. Nichole Willey & Team has a full list of every open house on Cape Cod this weekend and we would love to share it with you.
If the advantages of selling in summer have you wanting to dive in, Nichole Willey & Team is here to help. The summer season moves faster than you think though so don't wait to get in touch!