It’s True—Fall Is a Fantastic Time to Sell Your Home

It’s True—Fall Is a Fantastic Time to Sell Your Home

I don’t know where the myth that nothing happens in the fall real estate market got started, but I want to end it here and now. Fall is an amazing time of year to sell your home. 

During this time of year, I hear a lot of people say they’re going to wait until spring to put their home on the market because of this myth, and I think that’s crazy. Granted, if you’re snowbirding for the winter and don’t want people dropping through your house, that’s understandable. 

Otherwise, in our regional MLS last year, between September 1st and December 31st, 1,710 homes were sold. Does that sound like a slow time of year to you? In Missoula alone, 424 homes sold during that time period. So far this year, 202 homes have sold between September 1st to the end of October, so we’re on pace to beat last year’s mark in and around Missoula. 

There are many reasons why fall is a great time to sell your home. While there may be fewer buyers out there, the ones who are out are far more serious about buying. You think any looky-loos will be out searching for homes during the holidays when it’s 20 degrees below zero? Absolutely not. 

"When there are fewer homes on the market, sellers tend to make more money."

After the holidays, a huge supply of listings typically hit the market in the spring because so many people took their homes off the market in October and November and were waiting to relist. This means there are fewer homes on the market now, and if yours is one of them, there’s a better chance it will sell. Low inventory also means you should be able to net more money for your sale. Another important advantage of this is that you will face less competition among other home sellers. 

Many buyers also have more time to look at homes during this time of year because of the time off we also usually get for Christmas, Thanksgiving, and New Years.

Lastly, homes look great this time of year. Aside from all the seasonal decorations being put up, the leaves and foliage outside look beautiful. If you list with us, we can restrict your showings so your listing doesn’t interfere with any plans you might have for hosting company. 

So, if you’ve been thinking of taking your home off the market and waiting until spring, think of all of these advantages you’d have if you kept it listed instead. 

If you have any other questions about selling your home this fall or you want to know what’s going on in our market, don’t hesitate to give me a call or send me an email. I’d be glad to help you.