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

The Seasonal Phoenix Real Estate Market

No matter how well you coordinate changes come about and infrequently those changes mean that you will need to sell your current locum. Hopefully you get some choice in when that occurs and some time to prepare. Besides readying a property for sale you should also consider the market trends. Perhaps a choice will be hiring it out, but that is rare so let's say you need to sell. So how do the property seasons change in Phoenix and will they affect your property sale?

The Bigger Phoenix market over all follows a unique trend of peak and dips throughout the year: that is the main pattern, the seasonal one, then there are others to consider, ones still bound to the seasons, though influenced by other powers. Overall the peak for sales is the transition from June to July and a dip in activity in December and a dip in sales in Jan. After the winter dip the sales pick up in Spring and move up rather quickly into June only to drop of swiftly in July and have a tiny last summer bump up in August with continued declines into Winter. That is necessary to know. Sales change and so does inventory. Both have to be considered together and a buyer/seller balance must be established. What is the inventory?

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Different towns inside Greater Phoenix have their own ups and down in the larger scope of the trends.

For instance in the winter there is great influx of people from out of state, from the colder 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? Yes and no. You do not need to avoid putting a house on the market because of seasons. It would not pay to pay the mortgage unnecessarily to pray and get 1 or 2 more thousand at a top season, more crucial are other trends.

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