I’ve been asked twice this week if now is a good time to sell.
To answer this question, let me tell you about the 4 seasons of real estate that occurs every year.
Typically speaking, the highest price you will get is in the “Spring Market”, followed by the “Fall Market”. The worst time to sell is in the “Summer” or “Winter” Markets.
If you read the July Real Estate Report, you’ll see that most years follow this pattern.
Now for the specific question, is now a good time to sell?
It’s still a Seller’s market everywhere around the GTA. However, if the ideal buyer for your house is a young family, this is absolutely NOT a good time to go on the market.
As we get closer to the start of the school-year, parents are busy with camp and figuring out what the new normal will be.
My recommendation is to wait for at least a week or two after school starts to get the most money when you sell.
And if you’re looking to buy and your schedule allows it, try to go house shopping on Labour Day weekend. Most likely, you aren’t going to have much competition and maybe you can pick-up a deal when everyone is distracted!
Are you looking to sell? Contact me and let’s talk.
Call (416) 276-4895!
Are you looking for the hardest
working agent in the GTA?
I am always available!
I look forward to working with you now or in the future…
