Market Timing Matters in Real Estate

10 months ago
1

Market timing matters in real estate. Within a single year, prices can vary over 10%, so it's important to get your timing right. And here in greater Washington DC, the best time to buy and sell is March, April and May. More homes sell, they sell faster and for more money than any other time of the year. Mother's Day weekend is the peak of the market when inventory is the highest. Now the next best time to buy and sell is September, October and November. But it's only about 50% of the volume of March, April and May. And August is usually the bottom of the market in terms of pricing and inventory. Now, not everyone can perfectly time the market, but at least you know the typical cycles so you can plan accordingly. So when you're thinking about moving, reach out to us at thehybridagent.com and let's talk about the market conditions and how you can use them to your advantage to maximize your money.

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