Selling Your Boston Home This Summer

by c21commonweath_ldowling 19. August 2019 11:40

Did you know that summer is one of the best times of the year to put your house on the market in Boston? The season may be winding down, but there’s still time for sellers to take advantage of its perks. Market trends, weather, and timing are all in your favor, so take comfort in putting that “for sale” sign in your front yard for all to see.

Favorable Market Trends

Local market trends greatly determine when you should sell your home. Since last year, the median home sale value increased by $36,000 (4%), with a rise in the number of sales occurring each month. In April of this year, Boston saw a 6.9% increase in the number of homes sold, with favorable trends continuing through the summer.

Sellers should take advantage of this summer’s high housing prices and competition from a larger buyer population—there’s a good chance you’ll get more money from a sale now than later in the year.

Consider Weather Conditions

Weather affects buyer behavior, and you’re more likely to sell your home when passersby can see it (i.e., when it’s not covered in snow). You’ll have more luck selling your house in the spring or summer, when your lawn is visible and the flowers are in full bloom. This year’s mild winter and rising housing prices created a more active market in early spring, increasing competition among buyers throughout summer—one more reason to sell this season!

How to Prepare Your Home for a Summertime Sale

Before you place your home on the market, there are several things you can do help it sell more quickly.

Create Curb Appeal

Bostonians appreciate the area’s surrounding natural beauty and love beautiful yards and patios. To maintain your lawn’s healthy look, mow it twice a week (grass grows faster in the summer) in a diagonal direction to add more dimension. Plant flowers, trim bushes, and scatter mulch for a more welcoming front yard.

Make Your Guests Comfortable

Turn on air conditioning to make sure everyone stays cool in the summer heat. You can also offer summer beverages and snacks to encourage prospective buyers to stick around a little longer, and take advantage of the longer-lasting daylight by offering flexible showing hours so people can stop by after work.

Invest in Small Home Improvement Projects

Make improvements to rooms people spend a lot of time in, like the kitchen and living room. Repaint the walls a neutral color, fix outdated lighting fixtures, and update appliances.

Contact a Local Real Estate Agent

It’s hard to predict exactly when to place your home on the market to get the most favorable returns. Reach out to one of our experienced local real estate agents for help with getting the most bang for your buck in the remainder of the summer season.

Now’s the time to sell your Boston home if you want plenty of bites from buyers and better returns. With this knowledge and help from local real estate agents, you’ll be well prepared to make a smart move before fall.