Wednesday, August 12, 2015

Summer’s ending—Is there still time to sell my Minnesota home?

August is a time for endings and new beginnings. The last summer barbeques are being scheduled for the upcoming Labor Day holiday and plans are being made for the new school year. No one is thinking of moving in the Minneapolis/St Paul area, are they?

This is a common misconception of Minnesota home sellers. Often they think they “missed out” on the busy season in real estate by late summer. But surprisingly, listing a home in late August into September, and even October, can be a very wise decision indeed.

June and July are busy months for many things, including vacations. Many homes listed during this time have lingered on the market, partially due to there being an influx of listings at this “good” time.  Not all home buyers need to work around a school schedule but are very busy in the summer months. They want to move before the snow flies so they really get busy looking for homes in the late summer and fall. 

I have watched this trend for several years now. The market seems to pick up a bit just after Labor Day through mid-November. It cools off again over the holidays due to busy schedules, but it homes don’t completely stop selling either.  The traditional theory of listing a Minnesota home in May-June to get the best price is simply not true. Homes do sell year round and the fall colors can be a huge boost to your curb appeal too!

Need to know more about buying or selling a Twin Cities home? Let me be your professional guide. If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me, Teri Eckholm of Boardman Realty, a call or visit my website for a FREE Home Buyer Success Guide or FREE Home Value Report. I specialize in acreage and lakeshore properties in the north and east Twin Cities metro area including Ham Lake, Lino Lakes and all communities in the Forest Lake School District. Serving Anoka, Chisago, Ramsey and Washington Counties in Minnesota.

Copyright 2015