When is the right time to sell a home in Colorado Springs? In the Pikes Peak MLS it is taking an average of 127 days to sell a home. How much time you have may be the biggest concern you have. Or, are you trying to figure when you can maximize your sale? Well I hope I can help.
First, now is always the best time to sell. Now can be in February or it can be June or November. There is a market for buyers at all times of years. In El Paso County the biggest surge in any given year is between March and July. It tapers in August & September and then surges again in October & November. Depending on weather January and February hold pretty consistent.
If you are trying to work around kids schools years, one should put their home on the market mid March and April. But, if you want to beat the rush try February, less competition.
Now if you want to maximize your price you will have your best chances June-August. If you live in a townhome or condo you are pretty much season resistant. Condo, Townhome buyers are usually unattached and don’t have specific time frames.
All of these times can vary because of interest rates and local economy variances. If there is job gain or loss it affects the market. As you know, rates always affect the market. These 2 factors are a heavy influence so they have to be considered.
So when is the best time to sell a home in Colorado Springs? It is Now!! Rates are low, jobs and military are coming back. Homes prices are still low. All of this news is bringing buyers back into the market. If you do have to sell, price aggressively. If you don’t have to sell, stay on the sidelines and let the “Have To’s” get through the market.
Please call if I can answer more question at 719-593-2963 or visit my website at www.maecker.com.
Thanks,
Brian