Timing the Phoenix Real Estate Market: When to Sell?

By Farlon Bond

Is there a best time of the year to sell a property in Phoenix: does Phoenix have seasons for sales?

The Seasonal Phoenix Real Estate Market







Regardless of how well you coordinate changes come about and sometimes those changes mean that you need to sell your current locum. Hopefully you get some choice in when this occurs and some time to prepare. Besides cooking up a property for sale you must also consider the market trends. Perhaps a choice will be renting it out, but that is rare so let's assume you need to sell. So how do the estate seasons change in Phoenix and will they affect your home sale?

The Greater Phoenix market over all follows a novel trend of top and dips across the year: that's the main pattern, the seasonal one, then there are others to think about, ones still bound to the seasons, though influenced by other powers. Overall the top for sales is the move from June to July and a dip in activity in December and a dip in sales in January. After the winter dip the sales pick up in Spring and move up pretty quickly into June only to drop of rapidly in July and have a little last summer raise in Aug with continued declines into Winter. That's important to know. Sales change and so does inventory. Both need to be considered together and a purchaser/seller balance should be established. What's the inventory?



Different cities within Metro Phoenix have their own ups and down within the bigger breadth of the trends.

For example in winter there's great in-flow of folk from outside the state, from the chillier parts of the country then in summer when it's more families moving during the summer holiday before college starts.



Each one of these segments has different demands from properties. Holiday houses often look different from massive family houses and the demand changes. Vacation houses are way more well-liked in the colder times of the year and sell better even though overall demand is down in the vacation season.



Should you care? Maybe. You don't need to avoid putting a place on the market because of seasons. It would not pay to pay the mortgage unnecessarily to wish and get a few more thousand at a top season, more critical are other trends.

About the Author:

inPhoenix Realty Group is a collection of experienced Phoenix real estate agents working for both customer and sellers in Larger Phoenix. They study and supply great knowlege and depth about the Phoenix real estate trends.