Selling your condo is a great idea if you are looking for something a little bigger or if you are looking to move to a new area. When you are selling a home, you want to make sure you are doing everything you can to get the best price possible, and for some, this might mean waiting a few months until the timing is better. If you want to sell your condo, have a look at this great article that will let you know the best time of the year to sell a condo in your city.
1) New York, New York
New York has some fantastic condos that offer sweeping views of one of the most beautiful cities in the world. There are always plenty of condos to choose from, which can make it tricky to sell, but there are a few times in the year when the price will be much higher due to the number of new residents.
If you are thinking about selling your New York condo, the spring and summer months are going to be the best chance to get a reasonable price and see some high demand. This is the prime time for people who are moving to the city, which means there will likely be fewer condos available, so prices will be much higher for the existing inventory.
2) Miami, Florida
Miami is well known all over the country for its incredible beachfront condos, and people come from all over the place to live in this desirable city. Condos sell all the time to snowbirds from the northern states who are looking to find a permanent or vacation home next to the beautiful waves.
The warmer months are full of visitors and tourists coming into the city for a great time, but these months are actually the lowest for sales. February is the best month to sell your Miami condo, and you are likely to get about 7% more than the yearly average.
3) Boise, Idaho
Idaho has started to become a huge hit with new home buyers who want to get in on the great home prices. Boise has also started to get a population boom with all of the amazing new job opportunities coming in from larger companies that have opened up in the last few years.
If you are thinking about selling your Boise condo, January is going to be the best time to list it, as home prices for this month are typically 7% more than the rest of the year. Winter months are often tricky months for home sales, but Boise seems to be the exception, as many of their winter months have high home sale prices.
4) Phoenix Arizona
Many cities in the country have seen a dramatic increase in their population due to a large number of new jobs, and Phoenix is one of those cities. People have also started to gravitate towards the city for the low home prices and the low cost of living.
If you are selling your Phoenix condo, you should avoid selling in early November when sale prices are at their lowest. If you wait around until May, you could end up with about 13k more for your sale price, which is quite a big difference. The area is always full of new home buyers, which means you likely won’t need to wait very long until your condo is sold.
5) Boston, Massachustets
Boston has many condo and apartment buildings with unique architecture and incredible interior design. People love living in these beautiful buildings while attending some of Boston’s excellent schools or working in one of the great companies that have started up in the area. This city is incredible for so many reasons, and it is only going to get more popular in the next few years, so now is a great time to consider selling your condo.
Boston condo sellers need to wait until the summer month to make sure their sale price will be the highest. Areas with lousy winter weather typically have slower home sales for the colder months, and Boston is no exception. June and July are going to be the best months for you, and they are also the best months for those who are looking to sell their home quickly.
If you are selling your condo, then it’s a good idea to do as much research as possible into what months are the best and which ones are the worst. This valuable knowledge can save you thousands of dollars and even make your condo sell much faster. If you want to make sure you are selling your condo at the best time and for the best price, then check out the stats for your area.