Spring typically marks the beginning of the busiest time of year for home selling and buying nationally. This is true in the Phoenix metro area as well, with a spike in sales occurring in March, peaking in May and continuing strong until the end of summer. Fall and winter are considered off-seasons in many places, but because of the outstanding weather in Phoenix’s winter months, there isn’t usually a drastic reduction in home sales at the end of the year.
Looking at home sale data from this year you can see the seasonal trends clearly. While January and February are relatively quiet months, there’s a noticeable uptick in sales from March through June.
So when is the best time to sell?
If you’re looking for a chance to receive more offers and make fewer concessions, consider selling your home during late spring. As the chart above shows, the majority of homes in the Phoenix area are sold during the months of May and June. That’s the best time to maximize your sale.
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