Spring Into Action: Why the Spring Market is the Perfect Time to Sell Homes!

As a real estate professional, you are always looking for the best time to sell your listings. One of the most opportune times of the year to do so is during the spring season. In fact, a recent study posted by realtor.com shows that the week of April 16-22 is the best time to list a home. Let’s take a look at why the spring market is ideal for selling homes, and how you can make the most of this spring selling season to achieve your sales goals.

1. Increase In Buyer Demand

The spring season is associated with a renewal of life, and that also applies to the real estate market. During this time, many potential buyers who have been hibernating during the winter months are now ready to spring into action. This increase in buyer demand can help drive up property prices and create a competitive market, which is great news for sellers. The quantity of buyers in the market directly relates to the number of offers that a home will receive and how quickly it sells. According to realtor.com, historically this week produced 16.4% more showings per listing than the typical week. Last year, this week produced 32.5% more showings!

2. Dreamy Austin Weather and Longer Days

One of the reasons why the spring market is appealing for selling homes is because the weather is getting nicer. The longer days and warmer temperatures make it easier for buyers to view properties and get a better idea of what they are looking for. We all know that people looking to make Austin their home, fall in love with the perfect weather conditions of Spring! A recent article posted by KVUE showed that on Day 5 of SXSW this year, Zillow Austin was the number two search on Google. Additionally, the spring season provides ample opportunities for open houses and other events, which can help attract potential buyers.

3. Spring Cleaning, Planting and Home Staging

Another reason why the spring season is an ideal time to sell homes is that it is associated with spring cleaning and home staging. Homeowners use this opportunity to declutter and deep clean their homes and liven up their flowerbeds and landscaping. This makes listings more appealing to potential buyers when the curb appeal is at its best. Additionally, home staging can help showcase the property's best features or potential use and create a welcoming feeling that is sure to entice buyers.

4. Tax Refunds and Bonuses

With Tax Day on April 15, many people will begin to receive their tax refunds and bonuses during the spring season, which can increase their buying power. This can be particularly beneficial for sellers of high-end properties, as buyers may be more willing to make large purchases during this time.

5. School Schedules

For families with school-age children, the spring season is an ideal time to move as it allows them to settle into their new home before the start of the next school year. Buyers and sellers with children are typically wary of uprooting their family during the school year and wait to make any moves until summer months. This can be a significant factor for families looking to purchase a new home and can increase the demand for properties in areas with excellent schools. Studies have shown that peak moving season happens in the months between April and September, with 80% of all moves happening during that time frame.

The spring season is an ideal time for real estate professionals to sell homes. All of these factors that can help drive up property prices and create a competitive market. By taking advantage of this knowledge, real estate professionals can make the most of the spring market and sell more homes!?