2021 BOISE IDAHO REAL ESTATE BLOG
3 Simple Reasons Why You Should Sell Your Home in the Fall Main Treasure Valley Life

The temperatures are coming down from the hot days of summer. As leaves start to turn bright colors, sweaters and jackets come out, and decor turns to pumpkins, it is quick;y becoming an amazing time to sell your home. We are still riding the wave of this ultimate seller’s market, so you can still take full advantage of it after the summer buying rush. Here is how.

More colorful listing photos

Listing your home in early to mid-fall will allow your exterior listing photos to have all of the fall colors in them. The reds, oranges, and yellows will stand out from the greens of spring and summer. In addition, as temperatures cool down, your lawn will become greener as it recovers from the summer heat. The only caveat is that waiting too long will cause all of the leaves to fall off and the grass to start turning brown. Fall also presents plenty of options for sprucing up your home for the colder months, which buyers will appreciate.

You will catch the swing in the market

Seasonally, (even with this crazy COVID-induced real estate boom) there is a slowdown in the market as kids return to school, followed by an uptick in buyer traffic until mid-November when the holidays start. The number of homes put on the market tends to stay stagnant or decrease during this time, so your listing will stand out. Listing your home in the fall is a great way to capture this upswing. 

As an added bonus, homes are still closing relay quickly, over asking, and likely with multiple offers. Nationally, homes receive 4.5 offers. In addition, homes close in an average of 17 days nationwide. In the Boise-area market, homes close in an average of 13 days. Combining the seasonal trends with the current market trends can be a huge help to sell your home quickly.

It’s still a seller’s market

Despite the market slowing down from the panic of 2020, there are still more buyers than houses, keeping the market firmly as a seller’s market. This is nationally, as well as here in Boise. The number of homes for sale in the Boise area is steadily climbing, but not nearly enough to put us toward buyer’s market territory. The most recent reports indicate Boise has a 0.2-month housing inventory, while a balanced market has 6 months of inventory. Surprisingly, 0.2 months is a vast improvement from 18-12 months ago.

 
Posted by AndrewS at 9/22/2021 3:19:00 AM
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