When is the best time to sell a house in Laveen Arizona?
The question does come up a fair amount, it is “when is the best time to sell a house in Laveen Arizona? Well the truth is, this is a pretty loaded question. The article will address the question by looking at the following items, which will of course be explained:
- Looking at historical sales
- Values of properties
- Bringing it together and the “market”
My name is David Baker, and I am a Laveen realtor. Been working and specializing in the South Phoenix/Laveen real estate market since I began selling homes full time back in 2004. I started my career with a company called Keller Williams. At this company I specialized working with buyers, and was part of a team concept. This was during my first 2 years full time in the business. I later made a move to Re/Max New Heights Realty which is based in South Phoenix area as well. By this time I had about 4 years of full time experience working with both buyers and sellers. It was during my time at Re/Max that I also began to help home owners who had fallen behind in payments to short sale their homes. I am currently working with the HomeSmart Realty brokerage. Does the brokerage I work for make any difference in the level of service I or any other agent can provide, NO. At least that is my opinion.
I am a bilingual real estate agent speaking of course English and Spanish both fluently. This really has been a great benefit to my clients, as they are able to get a larger marketing reach because of my ability to speak and market in 2 languages. I also became really interested in on line marketing several years ago, and this also has been a great asset to help my clients sell their homes. So in a nut shell, I am a bilingual real estate agent specializing in South Phoenix & Laveen who has over a decade experience selling homes and is very well versed at online marketing.
I mention a little about myself, because as you read this short article, it is good to know the source. I will also be using information from the MLS (multiple listing service) as well as statistical data I collect myself to keep on top of the real estate market trends. Some information given will also infer a certain amount of what I would call “my professional opinion”.
So, how can looking at historical sales inform us about when is the best time to sell a home in Laveen?
Unlike some other parts of the county, Laveen as a whole in my opinion does not have a very drastic seasonal fluctuation when it comes to sales. As an example, if you lived in Minnesota, do you suppose the number of sales goes down drastically in the winter months? Maybe you live in a town predominantly running off the attendance at the large local university? Unlike other areas, my opinion is that the Laveen real estate sales are NOT affected too much by the seasons. Now, that being said, there are MORE sales that do occur at some months of the year vs. others.
So here it is, the big secret of “the best time to sell a home in Laveen” is really from about April to September. These are the periods of the year that see the MOST in terms of number of sales vs. the other months of the year. Looking over the last several years one can see that the time from April through as late as September see’s the most number of sales. The actual number of sales will fluctuate a bit from year to year, but it is still evident that those are the higher sale months in terms of units sold. You can usually see on the low end about 42 sales a month to about 70 in the slower month. In the higher volume months you can see over 90 sales in Laveen on a monthly basis.
Does that answer your questions as to when is the best time to sell your home? Maybe to a certain extent, but let’s also consider values of properties, right?
So does it benefit a home owner to sell at one time of the year over another time of the year based on a possible higher sales price or value? For this I refer to the data that helps me track the current market conditions for the Laveen real estate market. I see no data that supports a higher sales price, based on the month of the year! Again, that bears repeating, I show no data that supports being able to sell at a higher price just because of the time of year home goes to market. As an example, a home that is worth $203,000 in the Laveen area at this time, would pretty much in theory sell at the same price if sold in March or in July!
Lastly let’s look at the market factors and how that could answer when is the best time to sell a home in Laveen.
The short answer is it really depends on the real estate market. One can NOT determine if a certain time of the year will be better than another without looking at CURRENT real estate market conditions. Ideally the best time to sell for a home owner would be during a “seller market”. A seller market is a real estate market that is best described by a situation in which there is a low level of current housing inventory for sale, and as such buyers have less choices of homes. Because of the lower inventory of homes on the market the buyers must often compete with others buyers to purchase the property. This of course benefits the seller. Often times you may see multiple offer situations, and this of course is the best thing for a seller so they can potentially negotiate the best deal.
Putting it all together, when is the best time to sell a home in Laveen?
When it really comes down to it, my opinion, the best time to sell is when you are ready. Yes, there are more sales that tend to occur during the April to September time frame, but there is still a LOT of homes sold during the rest of the year as well, and that also includes the holidays! Home values are not really affected by the time of the year the home is sold here in the Laveen area. Lastly, the real estate market condition will always be what it will be. At the time I am writing this article, the Laveen real estate market is experiencing a seller market. So, as it happens, we are into the higher sales volume months, and we are also in a seller market. So, at this point in time it is a GREAT time to sell your home in Laveen Az. The current market conditions could help net a better offer, and really help you negotiate a better deal.