Most people think that the late Spring or Summer is the best time to sell a home. In general, across all markets, that is usually the case for people who have homes with 3 or more bedrooms since most people with children tend to plan their moves over the summer in between school years or during school breaks since that is the most convenient time. Since more people list their homes for sale during that time, it helps off-set the higher buyer demand, which means sellers can often get a higher price when there are fewer homes for sale and higher buyer demand. While pricing does get pretty crazy near the end of the school year and early summer, the highest prices are usually received when supply is low and there is high demand.
Right now in Livermore, there are only 84 residential properties for sale. That is less than half of what a “normal” Livermore market would have for sale. What does that mean? Sellers who are willing to sell their homes now will likely receive more money for their properties without having to do as much prior to market “prep” work on the property because there simply is not much for buyers to choose from right now.
The market now is pretty similar to the one we were in February of this year. I had some wonderful long time neighbors in Autumn Valley contact me at the end of January who wanted to discuss what they needed to do to prepare their home for sale mid-late April after the seller had officially retired.
For them to sell late Spring/Early Summer and receive the highest price, they would have needed to paint their house inside and out, replace the carpets and entry tile as well as update the hall bath at the very least in addition to having the home staged so that it would be competitive with other homes that hit the market at that time. However, what they did not know was that inventory was VERY VERY low when they spoke to me. I believe there were only 46 homes for sale and they could sell their house and get even more money without having to do very much work if they sold it during the low inventory period.
They took my advice and put their property on the market sooner rather than later and they received multiple offers and a record high price for it in less than a week!
Of course, their main concern was like many other home owners… WHERE WILL I GO IF I SELL MY HOUSE NOW (BEFORE I OFFICIALLY RETIRE)? I had that solution for them as well….they would be able to stay in their property as long as they needed with the way I negotiated the transaction for them. Many agents don’t know this simple method I use and their clients become homeless in the process of selling their property. My clients deserve better!!
I can help you get top dollar for your home by selling now without you becoming homeless in the process! Call me for a free consultation. 925-577-8692.
As a reminder, I Enjoy Helping People Make Their Real Estate Dreams Come True in most of Alameda, Contra Costa & Parts of Solano, Napa, Santa Clara, San Mateo, San Joaquin, & Other Counties. Providing referrals to great agents in other counties and states.