It’s maybe not the best time to sell right now with all the oilfield caution etc., but if you are thinking of selling anytime soon, spring is the best time.
If planning to sell in the spring, and you want to sell your home at it’s best price it’s important to hit the market early. There’s an interesting real estate dynamic in the spring each year. Buyers start their spring search sooner than sellers are ready. This leaves an abundance of buyers Feb. through March and then an abundance of sellers Apr. through May. To maximize your sale price and shorten the time it takes to sell, you want to be on the market when the demand is high and supply is lower.
Feb to July is always the busiest time in the Red Deer real estate market and the MLS displays this each year with higher sales and higher inventory. The inventory is highest later in the spring market. If you are planning serious sales strategy list in the first week of February. The reason being is most people are late.
A high number of sellers miss their planned listing date because there is much more to do than they realize to prepare their property to sell. In most cases, if a person is planning to have their home on the market for February they start preparing at the end of January. Don’t wait, prepare early and have your house on the market February 1st. And this way, even if you are a little late, you are ready by February 3rd :-).
By having a house on the market Feb 1st a person is positioned to sell as soon as the influx of buyers start and before the influx of sellers (competition) flood the market. This is a dynamic often overlooked buy both sellers and Realtors®, don’t over look it yourself.