Is there a best time of the year to sell a home in Phoenix: does Phoenix have seasons for sales?

The Seasonal Phoenix Real Estate Market

Irrespective of how well you plan changes come about and occasionally those changes mean you need to sell your present locum. Hopefully you get some choice in when this happens and some time in which to prepare. Besides preparing a property for sale you need to also consider the market trends. Maybe a choice will be leasing it out, but that's rare so let’s assume you want to sell. So how do the real estate seasons change in Phoenix and will they influence your sale?

The Greater Phoenix market over all follows a novel trend of top and dips across the year: that's the main pattern, the seasonal one, then there are others to think about, ones still bound to the seasons, though influenced by other powers. Overall the top for sales is the move from June to July and a dip in activity in December and a dip in sales in January. After the winter dip the sales pick up in Spring and move up pretty quickly into June only to drop of rapidly in July and have a little last summer raise in Aug with continued declines into Winter. That's important to know. Sales change and so does inventory. Both need to be considered together and a purchaser/seller balance should be established. What's the inventory?

Different cities within Metro Phoenix have their own ups and down within the bigger breadth of the trends.

As an example in the winter there is great inflow of folks from out of state, from the less warm parts of the country then in summer when it’s more families moving in the summer vacation before school starts.

Each one of these segments has different demands from properties. Holiday houses often look different from massive family houses and the demand changes. Vacation houses are way more well-liked in the colder times of the year and sell better even though overall demand is down in the vacation season.

Should you care? Perhaps. You do not want to avoid putting a home on the market due to seasons. It wouldn't pay to pay the mortgage pointlessly to hope and get one or two more thousand at a peak season, more important are other trends.

inPhoenix Realty Group is a collection of experienced Phoenix real estate agents working for both buyer and sellers in Bigger Phoenix. They study and supply great knowlege and depth about the Phoenix real estate trends.