Nationally, the best time of year to sell your home is between mid-March and mid-April. Longer days, bright sunshine, blooming flowers and budding trees give homes for sale a wonderful backdrop for the sale of your home. The best month to sell a house in California will depend on where in the state you live. You can find market trends for your area on Movoto that will help you determine the best month to sell a house in California.
The third largest state geographically, covering 163,696 sq. mi (423,970 km2) with the largest population in the country, California lines over half of the Pacific coastline of the United States, the lands and cities of California are as diverse as the residents that populate them.
What is the Best Month to Sell a House in your California City?
Source:flickr.com
Finding the best month to sell your house in California will require that you find the market trends for where you live. California home sales are traditionally higher between March and April and this can vary based on where you live.
Redding – As the medical hub of rural, far North California, the demographics and weather are much different from that of other cities and is home to many creative business startups that also contribute to the local economy. The best month to sell a house in Redding was in December for 2014 and 2015. The limited inventories of homes in Redding can drive prices of homes and the percentage increase for December in 2014 was 36 percent and 73 percent in 2015 due to a low number of sales.
San Francisco –according to the five-year trend on Movoto for the best month to sell a house in San Francisco is August. The warm temperatures and slack in tourism makes it easier for residents to move about and find the home that you have for sale, as well as a desire to be moved before school begins helps to drive sales.
The median list price for a home rose from $939,000 to $1,045,000, an increase of 10.2 percent for the month of August, in 2014. For 2015, median list prices begin their move upward in August at $995,000 and topped out at $1,100,000, on October 1. The five year trend indicate that the upward swing for median list prices in San Francisco is August with sales increase sale prices edging slightly into September.
Santa Clara – Named after the mission in the city it was founded Santa Clara is in the middle of Silicon Valley. Home to several large tech companies and Santa Clara University and many people call this area home. Home prices over the last five years have increased from $485,000 to $875,000, a 45 percent jump.
The best month to sell a house in Santa Clara in 2014 was November where median home prices increased by over 23 percent. In 2015, increase of median list price of homes was 9.5 percent in October. Fall months are not statistically the best months to sell a home in California, but the unique cultural make up of Santa Clara and the fact that it is a tech and college town has helped sellers move their homes.
Source:flickr.com
Long Beach – On the Pacific Coast of Los Angeles county, Long Beach is home of the second busiest container port in the United States. A thriving community where residents enjoy what the ocean has to offer the best month to sell a house in Long Beach is August. Homes sold in August of 2013 saw and median list price increase by 3.5 percent. In 2014, there was sales spike in June of 4.5 percent and 2015 saw an increase of 9.5 percent in August. This shifted the trend back to August as the best month to sell a house in Long Beach where the weather is beginning to cool and parents are looking toward buying a home before the school year begins.
San Diego – The second largest city in California and a port city, San Diego enjoys a warm climate and thriving populace. August of 2015 saw home prices increase by 5.2 percent, the largest increase of the year. In June of 2014 sales showed a very small spike in June sales but the year overall was flat for home sales, across every month. With such a large population, moderate climate and inventories that hover over 1,800 units almost any time is the best month to sell a house in San Diego.
Get the Sale
Source:wikimedia.org
Preparation for the sale of your home can be more important than when you sell your home, although knowing the best month for your area in California will go a long way toward helping you use the best month to sell a house. Selling in months of high activity means more competition and that can be overcome with home prep, staging and proper pricing. If have the opportunity to schedule your sale during the best month to sell your house, then your chances of selling it quickly and get your asking price will be greater.