Summer Is Selling Season In Scottsdale
Summer is finally here! Time to get outside and enjoy that warm sunny weather! But wait…..you live in Scottsdale, Arizona. Where summer temperatures can reach 120 degrees. And most days are spent inside, not outside. When it comes to buying and selling real estate, summer has often been called the “off season”. But I’m here to let you in on a little secret. Summer is selling season in Scottsdale. Summer may actually be the BEST time to sell your home.
In the Scottsdale real estate market, there is a prevailing trend. Sellers who have been unsuccessful selling their homes during the busy winter and spring selling season are choosing to take their homes off the market during the summer. These sellers believe that the market is slow in the summer with very few buyers since our part-time winter residents are not here.
It can be said that a significant amount of the home buying in Scottsdale is done by buyers looking for winter residences. And that we see more of these buyers in the winter months than we do in the summer months.
As a Real Estate professional with over 17 years of experience. I’ve found no real evidence that summer is a bad time time to list and sell your home.
4 Surprising Facts Why Summer Is Selling Season In Scottsdale.
1) You Have Less Competition Because so many sellers take their home off the market in the summer, you have a lot less homes to compete with. Wait until fall, winter or spring, and you will be competing with the masses.
We already know that there may be less buyers out looking in the summer, but those buyers are serious. So, you could increase your chances of selling by being on the market when the supply of houses is typically at its lowest point for the year.
2) No One Likes The Holidays Interrupted If you decide to wait until Fall to list your home. You may be risking that it will still be on the market during the holiday season. Which is the least desirable time to buy and move. I’ve found that people don’t like to have their holidays interrupted because of the sale or buying of a home.
3) Summer Buyers are Serious Buyers If you have ever spent the summer months in Scottsdale, you will agree that anyone who is looking for a home in 105 to 115 degree heat must be motivated to buy something. The point is: summer buyers are more serious.
Given the time and hassle of getting your home ready for a showing, wouldn’t you rather have less showings to more serious buyers, than more showings to less motivated buyers?
4) All It Takes Is One All it takes is ONE Buyer to buy your home. I see the usual buyers in the summer time as I do the rest of the year. Second home buyers, local buyers who are upsizing or downsizing, also relocation buyers. There is a lot of relocation activity in the summer. For families who want to get their children settled before school begins. Summer is the best time to move.
If you’ve been considering selling your home but have been reluctant. I hope this article has shown you the time to list is now. I think you’ll be happy that you did. Contact the Brent Team if you are interested in selling your Scottsdale home today. We are here to help with all your summer selling season real estate needs.
