25
— May 10, 2013 —

Is there seasonality to sales?

On listing appointments we are often asked by prospective Sellers whether
there is an optimal time to list a property.

Frequently the most salient question should be:

“When does actually works best
for YOU, the Seller?”

Remember often homes
are triggered by other life events such as a job transfers, an expanding
family, divorce, death, desire to downsize, school acceptance etc. OR due to perceived changes in
monetary policy or tax structure.

If your timeline IS truly flexible and you are looking to “time the market” then you might
find the historical graph below intriguing.

Over the last 10 years in Hancock Park/Windsor Square/Fremont
Place, Sellers of home over $2MM did best in the Spring and closed escrow the month of May.

 

Seasonality over $2 from 2002 to 2012 year end

Source: TheMLS.com