6 Reasons Why Spring is an Excellent Time to Sell Your Home

Are you thinking about selling your home? If so, you could not have picked a better time to do it.  From the ideal weather conditions to competitive offers, spring offers a wide range of benefits for sellers.

But what really sets the spring season apart is the increase in demand, as families are eager to get settled before the school year begins and summer vacations commence. With more buyers in the market, you can expect bidding wars and higher offers, providing an excellent opportunity to get the best value for your home. Plus, selling your home during the spring means your property is likely to sell faster, which means fewer mortgage payments and more time to enjoy your new home.

While there is never a bad time to list your home, today, we’re exploring all the reasons why spring is a particularly excellent time to do so, and how you can make the most of this exciting time in the real estate market.

 

The Weather Is Ideal

One of the more prominent advantages to selling during the spring is the improvement in the weather. The sun shines a little brighter and the temperatures are a bit warmer, creating the ideal environment for potential buyers to spend time out and about. During the spring, people come out of hibernation and are more willing to go to open houses and showings, due to longer days and improved moods. Plus, once they find the perfect home, the conditions are ideal for moving and getting settled into their new space!

 

Landscaping Begins to Shine

There’s no denying the difference between a yard with bare branches and dead grass, compared with a well-maintained yard bursting with flowers, lush greenery, and healthy green grass. During the spring, your landscaping will truly begin to shine, improving curb appeal for potential buyers and passersby. This is the first impression they will have of your home, so it’s important to keep it looking tidy and attractive. Take a weekend or two to tackle these steps to get your yard spring-ready — and listing-ready!

 

Demand is Much Higher

What is the benefit of sunnier days and blooming flowers if the buyers aren’t there? But they definitely are! In the spring, demand is much higher, due to many factors. Most notably, many families are eager to get into their new space well before the start of the school year — and the vacations and camps happening during the summer. Not to mention, there’s a certain vitality we all feel in the spring — a sense of new beginnings and growth. So naturally, more buyers are inspired to make the move in the spring!

 

You Can Usually Get More Money

Due to this increase of urgent buyers, you can often experience more bidding wars — and therefore higher offers. It’s simple: more competition leads to more aggressive offers. Buyers are willing to pull out all the stops in order to secure a house they really want. Plus, many people get their tax refunds in the spring, providing more cash to put towards a down payment or closing costs. And of course, you’ll get your tax refund too, which can also supplement your closing costs as a seller.

 

Homes Often Sell Faster

With more active buyers and bidding wars aplenty, spring also means homes are likely to sell faster, especially if they are priced correctly the first time. So your home may only sit on the market for a week or two, as opposed to several weeks or months. According to The Mortgage Reports, most people who sell their home in May can expect to sell it 18.5 days faster than the other months of the year, with April and June more favorable in certain markets. The faster you can get your house off your hands, the less mortgage payments you’ll be responsible for — and the sooner you can move into your next space!

 

There’s More Inventory to Choose From

Speaking of moving into your next home, you’re in luck! That’s because spring is also an excellent time to be a buyer, most notably due to increased inventory. Whether you’re planning on staying in the area or moving across the country, there will simply be more options to choose from. New listings are hitting the market every single day, and your agent can help you find the best one for you and your unique preferences. So it’s safe to say that the market conditions in the spring benefit you in every single way!

 

Best of Luck!

If you live in the area, we are here to help with every step of the selling process!

As the oldest real estate company in the country, NP Dodge has a roster of agents with decades of experience buying and selling homes in the Omaha, Council Bluffs and Lincoln areas. They are knowledgeable about the area’s neighborhoods, school districts and attractions — but also what it takes to get plenty of offers in this unique real estate landscape. Contact us to be connected to one of the many trusted agents at NP Dodge!