Spring is in full bloom, and in Raleigh that doesn’t just mean warmer days—it marks the peak season for real estate! As an experienced Raleigh REALTOR®, I have witnessed firsthand the swift and successful sales that this season can bring, often finalizing deals in just days. With summer just around the corner (officially June 20, 2024) the time is now to list your home to ensure the best odds of selling quickly and at a favorable price!
Why Sell in the Spring?
The vibrant spring market brings an energetic influx of buyers eager to find their next home. This is driven by several factors: families looking to move during the summer break, the pleasant weather making house hunting more appealing, and the psychological boost of the season’s natural renewal, all combine to create ideal selling conditions. Data from the National Association of Realtors (NAR) supports this, indicating that April starts the peak season with the highest number of new listings, making spring through early summer the most strategic periods for placing your home on the market.
- Increased Buyer Demand: Homes listed in spring not only benefit from higher prices but also from increased attention. Listings in April receive approximately 18.4% more online views per listing than in typical weeks, with this number jumping even higher in recent years.
- Fewer Price Reductions: Data reveals that sellers are least likely to drop their prices in the late winter and early spring. Historically, there are about 24% fewer price reductions during the week of April 14 compared to the rest of the year.
- Higher Home Prices: Spring traditionally sees an upswing in market prices. Research shows that home prices in spring average higher than at the beginning of the year in January.
Don’t Miss Out
As we move deeper into spring, remember that this season is more than just a good time to sell—it’s the prime time. My expertise and deep understanding of Raleigh’s market trends enable me to guide you through the selling process with confidence. Don’t hesitate to contact me today at 919-961-3277 or email Annie@HudsonResidential.com. Let’s get your home listed to attract the surge of buyers eager to make a move before summer!