What you need to know when timing your home sale in the fall market.

As the busy spring and summer seasons transition into the back-to-school period, one common question arises among potential home sellers: Is this still a favorable time to put a property on the market? The answer to this query is closely tied to the current market conditions, which play a significant role in determining the opportune time to sell.

While inventory has seen a slight uptick in the past few months, the increase hasn't been substantial. In one month, it may have risen by a unit or two, hardly affecting the overall supply. This is a phenomenon often witnessed as the academic year commences and families shift their focus to settling into their routines. However, this trend doesn't mean that the market comes to a complete standstill.

As children return to school and families settle, there is indeed a mild slowdown. Yet, this doesn't imply that the home-buying interest evaporates entirely. There are still buyers who are actively looking to make a move during this period, either to ensure a smooth transition for their children or because they are unaffected by school schedules. In fact, in Central Florida, there's hardly a wrong time to consider selling your home.

“While inventory has seen a slight uptick in the past few months, the increase hasn't been substantial.”

In fact, as the bustling spring and summer activity begins to ease, you might find that there's less competition in the market. This, combined with the continued demand, makes the fall season an appealing window for listing a property. The ideal time to sell depends on your specific circumstances and preferences as a seller. Whether you're looking to list in August, September, or October, there are still buyers eager to find their next home.

It's important to acknowledge that while sales might experience a slight dip due to the school season, transactions do continue to take place. The real estate market remains robust, maintaining its status as a seller's market, with the supply of homes being less than three months’ worth.

If you have questions about the current market trends, need a personalized update for your property or community, or are considering putting your home up for sale, don't hesitate to get in touch. Feel free to reach us at (407) 499-8993. We are your trusted real estate partner, ready to guide you through the changing seasons of the market.