5 Reasons You Should Sell Your Home in October

Posted by Stuart Neal on Monday, September 30th, 2019 at 5:37pm.

Do you want to sell your home? Are you afraid that you have waited too long? Don’t despair. For many home sellers this is the perfect time to sell and get top dollar. Let’s discuss why.

 

Here are 5 reasons why you should sell now:

1. The market is strong

Based on last year’s numbers, almost 2300 homes and condos will sell before December 31st, 2019, (excluding other areas like Sherwood Park and St Albert). This represents around 20% of ALL homes and condos sold during the entire year.

2. Less competition

October is when many home sellers leave the market. The change in leaf colour, the first frost, the first snow fall. These are stimuli that make many sellers give up until Spring. If you have your home for sale now, you will have far less competition.

3. Sales prices improve

You may get more money. In most years we see home sales prices peak during the last 3 months of the year. Based on our market report (see this link Ambergate Market Report) home buyers paid MORE in October and December than they did earlier in the year

4. The ‘We want to be in by Christmas crowd’

At this point the most motivated buyers. Those buyers that want to be settled in their new home before Christmas are starting to get nervous. Fewer homes to choose from and strengthening motivation means that many of these home buyers can be encouraged to pay MORE, if you can offer them a move in date before Christmas.

5. Your home and neighbourhood will look even more inviting

October is when we see the fall colours come into our communities. Home buyers fall in love with cosy homes decorated for the Halloween season. These things appeal to the nesting instinct that many of us feel.

About the author:

You can read more about the author of this blog by clicking this link – Stuart Neal Broker Owner & REALTOR®

Want more information about our lower cost FLAT FEE home selling programs? Please feel free to call our broker owner Stuart Neal at: 780-760-2014 or visit our home sellers page www.FlatFeeRealtyAdvisors.ca

 

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