Every summer thousands of sellers in the Greater Phoenix Area make a costly mistake. The mistake they make is taking their property off the market during the summer. Showing activity does slow in the summer. However, many families relocate during the summer to avoid a mid year school change for school age children. Second home buyers also are seen during the summer months looking to lock up a home before returning for the winter months. Home sellers pulling their home off the market during the summer may be missing out on a very good time to sell.
Need some hard facts to prove that all Phoenix, Scottsdale and PV buyers aren't in Southern California during the summer? Let's look at the $1 million and up market. By looking at the amount of inventory, measured in days of inventory, and compare it to the running average of inventory we see the summer months quickly turn in favor of the seller.
Summer is a time to freshen up marketing. Change up photos and descriptions to gain new buyer's eyes. Look for key neighborhood features that may have not been properly highlighted. Take a hard look at past feedback and make those little fixes. Or, get a full inspection and make those repairs so a buyer does not worry about doing those repairs in the summer heat. The list of creative ideas goes on and on.
If selling your home this summer, don't make the mistake so many seller do. Stay motivated to sell and get creative.
