According to real estate market in Calgary, you can sell a house at any time of the year, but certain factors prices, such as season, local market trends, and home type. Now, let’s know the best times to list a house, which would maximize profit and reduce the listing downtime.

The Impact of Season on Home Sales

If we follow the traditional real estate cycle, we can see that most buyers become active during spring. However, this data tends to vary from region to region. Some might prefer spring as the prime time, when the rate accelerates from March to May, whereas others find late summer or fall a better time when the sale prices are higher and one has to face less competition.

  • Spring

If you are considering spring an ideal time, then you can go for the listing as the weather is warm, you get tax refunds, and the school calendar seems to be a convenient deal for buyers to become active. It also gives the seller time to upgrade the house, enhance the curb appeal, and stage the property.

  • Summer

According to fast home sale companies, summer is considered vacation time, so a dip is noticed in buyers’ activity. However, you can still find serious buyers and take the opportunity to highlight the outdoor features. Moreover, the buyer would also make a quick decision without delay before the school holidays are over.

  • Fall

There are regions where fall offers a higher buyer tendency, and the sale price also rises compared to other seasons. At this time of year, buyers try to seek short closing times, which acts as an advantage for the seller.

  • Winter

Winter might not attract many buyers, but some are seriously looking for a home, are highly motivated, and want to close a deal before the new year. This also gives you a competitive edge, as you might be the only seller listed at this time of the year. Thus, if listings are scarce, you can ask for a higher price. However, you need to keep the property accessible, and the snow should be cleared from the entrance.

Regional Variances

Previous data also reveal that you must fine-tune the time with the property’s location and type. In late summer and early fall, both houses and condos get a high buyer footfall in one region, whereas in the other, single-family homes might have the advantage. Based on the local trends, you have to make an approach that would enhance profitability.

Critical Tips for Choosing When to List

Follow the tips mentioned below:

  • Always conduct local market research and observe the local listing trends.
  • You must consider the property type, such as single-family homes, condos, and luxury and align them with school calendars.
  • You must also be ready to plan the upgrades and staging and check out the financial considerations to maximize the returns.

Final Words

When you are putting up a house for sale, choose the best time and align it with seasonal and market-specific trends and how the private home sale process works. Go through the regional data and prepare a strategic fall listing. Staying informed will help you make informed decisions to maximize the value of the house.