The Utah housing market has been strong this year with steady price increases in a number of communities and relatively low inventory to meet the buyer demand. Now that fall has arrived, some homeowners may believe that they have missed their window of opportunity to sell and that they should wait until next spring. Contrary to what some people believe, fall may actually be a very good time to list your home. If you have been thinking about selling your home, there are several reasons to consider doing so this fall:
1.More time to focus on home shopping. Buyers have returned from their summer vacation, children are back in school, and the holiday season isn’t upon us yet.
2.Continued demand from buyers. As anyone who’s followed the news this year knows, there have been more buyers than sellers for homes in much of Utah. That trend has kept sale prices climbing in most areas and brought lots of potential buyers to open houses.
3."Serious buyers" in the market now. During the fall months, there tend to be fewer people who are "just looking" than in the spring and summer and more serious buyers.
4.A lack of available inventory. The number of listings has been relatively low all year compared to historical averages, in many cases half of a normal market. In the fall, there typically are even fewer homes for sale than other times of year, meaning less competition and more potential buyer attention for your listing now.
While fall is not always considered the typical home-buying season, there are a lot of advantages to listing your home now – especially at a time when others might shy away from selling. But like any other time of year, it’s important to price your home properly, make it look its best, and have a strong marketing plan in place to reach potential buyers.
With a few simple steps and the help of a professional REALTOR®, you just may find that selling your home this fall may be the best move you’ll ever make.
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