If you’re considering a move, it can be difficult to know if you’re making the right decision. While it’s entirely possible to sell your house in North Carolina at any time, you might be wondering if now is the best time. The answer has a bit to do with the market, sure, but it also has to do with your own personal situation. These tips can help you decide if now is the right time for you to sell your home.
Look at the Market
When you’re thinking you may want to sell your home, you should first look at the market. For instance, Zillowputs the median home value in North Carolina at $217,575. They also predict this figure to increase by 7.1% over the next year, so if you’re looking to get the best price for your home, it might be worth it to wait a while if you have that option.
If you’re looking for something a bit more specific, HomeLight says that summertime is the best season to sell your home. In June, you’ll get the highest price, while in July, you’ll have your home on the market for the shortest amount of time when compared to the rest of the year.
Are Houses Near You Selling?
While the figures above apply to the state of North Carolina as a whole, you might also want to research your own market and see how sales are going. If you’re seeing homes near you selling left and right, it might be a good time to jump in on the action. However, if you’ve driven around the neighborhood and are seeing “for sale” signs stay up for months on end, it might be a slow season in the market. You can always meet with a Realtor who knows more about your specific market and can help you decide the best time to sell your home.
Do You Have a New Home Picked Out?
This could be one of the biggest contributing factors to whether or not you should sell your home. Sometimes, we know well in advance that we need to move, but sometimes the scenario just falls in our lap. Maybe you were randomly browsing and stumbled across your dream home, or perhaps you got a very sudden job offer that will require you to relocate. In these types of situations, selling your home is sure to be the best idea. The trick is selling your home fast!
Putting your home up for sale can be a daunting task, but if you have the option to wait, try to hold off on selling until the market is in your favor. You can use the “down time” to spruce up your house or make any needed repairs! If worse comes to worse and you need to get your house sold right away, consider a cash buyer! Either way, we wish you luck in getting your home sold and moving on to the next adventure!