Buying or selling a home is a lot of work! It takes time and effort…some people might even find it a little bit stressful.
I understand that and I want you to be as successful, as possible in your journey. So, today, let’s talk about when the best time of year is to buy and sell your home in YYC. Timing your home sale &/or your home purchase can have a big impact on how much time, and energy, you spend on the process.
My experience is that the market has a surge in activity between mid-February to April. Many people call this the ‘spring market’ and it’s a busy time for Calgary’s real estate scene.
If You’re a Home-Seller in the Spring Market
If you’re able to list your home on the market during this time, you will have a selling advantage!
Many home shoppers (and their realtors) understand this is a time when activity in the market increases. That means there are often more active, and serious, buyers shopping. This can translate to a higher volume of showings in a shorter amount of time.
Having an increase in demand (having more active buyers shopping) can also improve your chances of getting a better selling price. Which…let’s face it…is what us, as sellers, want!
If You’re a Home-Buyer in the Spring Market
Because the spring market is known to be a busier time in the market place, many sellers tend to try to list during this time. Potentially having more inventory to choose from, gives us a better chance of finding you the perfect home!
Searching for a home, during the springtime, also increases your chances of being able to move into your home during Calgary’s warmer months and before the school year begins.
In the fall, once school has started and everyone is settling into their fall schedules, there is usually a second surge of activity in Calgary’s real estate market. I generally notice it between October to November.
If You’re a Home-Seller in the Fall Market
This is a good time to be listing your home. Much like the spring market, activity tends to increase. That means there are more active, and serious, buyers shopping during this time (which can translate to having your home listed for sale for a shorter time – yay!). It can also improve your chances of getting a better price!
Listing during this time also means you can, potentially, have your home sold before the Christmas season! Fa-la-la-la-la…!
If You’re a Home-Buyer in the Fall Market
If the timing doesn’t work for you to be shopping in the spring, not to worry…the fall market is another great time to be shopping! Many sellers are still listing their homes at this time and there is plenty of time to find a home, and get moved in, before Christmas!
If you have questions about buying, or selling, your home in Calgary…let’s chat! Reach me here.