If you’re thinking about selling, you’re hoping for: plenty of interested buyers, strong offers, and a short timeline.
And spring is the season that most often delivers all three.
So, if a move has been on your mind this year, this is the window where momentum tends to work in your favor. Here’s what makes this season so powerful for sellers.
1. More Buyers Will Be Looking
Typically speaking, there’s no more popular time to move than the spring. Historically, data coming out of ShowingTime proves this is the time when buyer activity peaks each year. Take a look for yourself (see graph below):
And this year, there’s more than just the seasonal trend working in your favor. Mortgage rates are also sitting near three-year lows and that combination matters.
More buyers + improving affordability = more eyes on your house.
That doesn’t mean the market will return to the frenzy of the pandemic – far from it. But it does mean more buyers will be ready to re-enter the market. And that’s good for you. As Redfin says:
“Homebuying demand is improving . . . and mortgage-purchase applications are sitting near their highest level in three years. . .”
You should make sure your house is listed so you can take advantage of the uptick in demand. Because more activity means one thing: more opportunity to get a deal done.
2. You May Get More Offers
With more buyer demand, it makes sense that you may get more offers on your house. And history shows that’s usually true.
If we look at the data for the last three years from the National Association of Realtors (NAR), and take the averages for each month, it’s clear sellers in the spring get more offers (see graph below):
Don’t expect the excessive bidding wars that were so famous in 2020 and 2021. But it does mean, seasonality could help you out this spring. As Realtor.com explains:
“Spring typically brings out more buyers who are ready to make a move before summer. Listings see more views, showings, and offers during this season.”
On Cape Cod, being in their new home by summer is obviously a priority for many buyers.
3. Homes Usually Sell Faster
There’s one more predictable pattern that happens pretty much every spring: homes sell faster (see graph below):
On average, homes sell 20 days faster in the Spring compared to the Winter. That’s almost 3 weeks shaved off your timeline. And that’s a difference you can feel.
Since homes have been taking longer to sell lately, listing your house during what’s usually the most active time of the year means you’re setting yourself up to move as quickly as possible. And isn’t that what you really want?
The faster your home sells, the earlier you can move on to what’s next for you.
If you’re eager to go on to your next chapter, whether it’s to downsize, or because you’ve run out of space, spring may be your best time to sell.
Bottom Line
Spring doesn’t guarantee a sale. Strategy still matters. But this season gives you something valuable: momentum.
More buyers. More activity. More opportunity.
We can tell you that the three of us were busy this past weekend with buyers and expect the activity to continue in the days and weeks ahead.
Let’s talk about what selling this season could mean for your house and your timeline. You can always find us at 508-388-1994 (Mari and Hank) and 781-423-8662 (Colleen).
If you’re going to sell this year, why not do it when the odds are in your favor?
Mari, Hank. and Colleen
Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision.
Make Your Move with Mari 