Do you know the best time of the year to sell a house in Wichita Falls, Texas? You may have a general idea of the best seasons or you’ve gotten anecdotal evidence from friends and family, but when it comes to finding the best time to sell your house, the difference between listing this week and next week, or this month or next month, could have a huge implication on your bottom line. You don’t want to leave it to chance.
The best way to take the risk of finding market buyers and figuring out if it’s a good time to sell a house in Texas is to sell directly to a cash buyer like Four 19 Properties. We buy houses for cash any time of the year from homeowners like you and our fair offers aren’t seasonal. We will make you a no-obligation offer that has less to do with the time of the year and more to do with the potential of your property.
But if you plan on selling your house on the housing market, let’s take a closer look at the best time of the year to sell a house in Wichita Falls, Texas, and figure out why it’s so important.
Best Time To Sell A House In Wichita Falls
Sell A House In Wichita Falls Texas
Selling a house, especially on the market, can be a stressful and time-consuming process. First, you have to prep the house, taking care of needed repairs or deep cleaning. You need to work on the curb appeal so that buyers will get a good first impression. You’ll likely hire a real estate agent, which means you’ll have to pay them a commission fee for their services that comes out of the sale price. You’ll have to pay marketing costs, host open houses, and maintain the property for as long as it remains on the market. Then when you do find a buyer, you’ll negotiate, make concessions, and finally figure out a sale price. You also have to hope the buyer qualifies for their mortgage or loan. And then there are closing costs to worry about.
All in all, there is a lot that goes into selling a house on the market, so anything you can do to tilt the odds in your favor is a good thing. Of course, you can always sell your house fast and sell it for cash by selling to a real estate investor like Four 19 Properties. We don’t involve real estate agents or lenders, so everything moves very fast or at whatever speed you want it to. It’s the fastest way to sell your house in Texas.
But if selling your house in the housing market is what you want to try, knowing the best time of the year to sell specifically in Wichita Falls is so important. It’s critical to understand what’s important about selling a house in Wichita Falls, Texas. It’s important to take into account the seasons, as homes are more likely to sell faster in nicer or warmer weather. You’re also going to find specific types of home buyers and home sellers in Wichita Falls. There are families looking to settle down, military members who may be looking for transitional housing, and various other kinds of buyers, all of whom want different things and are looking to buy a house in Wichita Falls at different times.
You also have to consider things like taxes, especially in Texas. While there is no sales tax in Texas, you will have to consider capital gains taxes, depending on the type of property sale you make. You’ll also have to consider property taxes based on the way they’re determined in Wichita Falls. You and the buyer will need to think about those extra costs as well as whether or not you want to make that part of negotiations and concessions in any market sale.
And of course, you want to have a good idea of how the Texas real estate market works in general. While it’s a big state, there are always major trends driven by the economy, seasons, and other trends, that will make certain times of the year better than others for selling a house in Wichita Falls.
When is the Best Time To Sell A House
When it comes to figuring out the best time to sell a house in Wichita Falls, Texas, there are a few different ways to look at it.
On a national level, it is commonly held that the best time of the year to sell a house in early to mid-May. Many different resources measure these things differently, but for the most part, homes that list in the first half of May are likely to sell around six days faster and for $1,600 more than your average home listing. Saturday is the best day of all at this time as homes listed on Saturday are likely to receive 20 percent more views in the first week on the market than a home listed on a Tuesday.
So if you’re going based solely on that, you’ll want to keep an eye on the first couple of Saturdays in May as the ideal day to list your house on the open market.
However, when you drill down to regional and city-specific housing markets, these days can fluctuate. While the national or state markets might have their averages, things can be more nuanced on a local level. The local job market, mortgage rates, and municipal taxes will have an impact on the ideal time to list a house. It could actually be as early as the beginning of April or as late as mid-July, depending on local conditions.
You also have to consider the way seasonality affects local home sales. We know that people tend to shop for homes more in the warmer weather of spring and summer. This is due to various factors, including the arrival of tax refunds, nice weather for moving, and summer break for families with kids.
The same holds true for the summer, though things tend to slow down a little bit because many potential buyers take vacations or enjoy the many events around this time. It can also get too hot for home buying for some, especially in Texas. However, you can also catch some families in a bit of a crunch to buy a house in order to cement their status in a school district before the new year begins in August.
All of this isn’t to say that you can’t sell your Wichita Falls house in the fall. The aforementioned family buyers might need to find a place fast for their kids, or others may just be motivated to buy before winter sets in. Off-season home shoppers can also include those who have changed jobs, military members changing bases, those dealing with family changes, and more.
There’s also something else that Wichita Falls sellers are going to have to take into account in the coming months when they attempt to find the best time to sell. The Covid-19 pandemic has altered so much of our daily life and that includes the trends surrounding home buying and selling. The good news for sellers is that inventories are low and prices are high, which makes it a good market for those looking to sell. However, the demand for homes is also a bit of an unknown, as the market, jobs, and financial concerns are bound to remain for some time. You also have to consider concerns about having a bunch of strangers visit your house for open houses, meeting with various people in order to close the sale, and all the technological hoops you might have to jump through in order to sell your house on the market.
Sell Your House To An Investor
So the ultimate question that needs to be answered is…is this the best time to sell your house? And the truth is that the answer is, if you need to sell your house fast, then it’s always the best time to sell. If you need to sell fast or want to get cash for your house, Four 19 Properties will buy your Wichita Falls, TX house for cash right now and we can close on the sale in a matter of days.
All you need to do is reach out with information about your house and we’ll make you a fair offer that you are under no obligation to accept. If you do accept, we can close on your schedule. No real estate agent commission fees or waiting for lender approvals. As soon as we close on the sale, we give you cash for your Wichita Falls house. No need to stress about the best time to sell and what happens if your home stays on the market for months. Sell your house today and let someone else worry about the best day to sell on the housing market while you count your cash and move on with your life.