4 Reasons to Sell Your Home This Summer

Summer is a fantastic time to sell your home. If you’ve been curious about the market or value of your home, there is no better time to reach out to a local realtor and get your questions answered.

To get you started, here are 4 reasons why summer may be the best season to be a seller:

1. Buyer demand will remain strong
   • Buyers are out in force looking for their dream homes. According to the NAR, the median days on the market for a listing was only 24 days last month!
2. There is less competition now
   • Housing inventory is still under the 6-month supply that is needed for a normal housing market. This means that there are not enough homes for sale to satisfy the number of buyers in the market.
3. There will never be a better time to move up
   • Prices are projected to appreciate by 4.8% over the next year according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more if you wait.
4. The Prescott Area is a massive magnet for tourism and retirement during the summer.
   • If you wait until fall or winter, you may lose out on the attention of thousands of potential buyers. This is the area of desire, and that can greatly benefit you as a seller.

If you’d like more information on this topic, click here for our guide on Things to Consider When Selling Your House.