What to Expect When Selling Your Home this Summer

by Lysi Bishop Real Estate

Summer is a great season to sell a home in, though it differs from the bustling spring market. Much like winter, summer is considered a "shoulder season" in real estate. During this time, overall market activity tends to decrease as many people are on vacations or busy with other commitments. This seasonal slowdown can lead to fewer buyers actively looking, which may result in longer listing times. However, serious buyers who are looking during the summer are often more motivated, which can lead to smoother transactions. The warmer weather and longer daylight hours also provide excellent conditions for showing homes at their prime, making it the perfect season for highlighting outdoor spaces and landscaping. In typical summer seasons in real estate, sellers can expect to experience these things:

- Less Showings. During the summer, there are typically fewer buyers out looking for homes. With many people out of town on vacation or busy with seasonal activities, the number of showings tends to drop.
- Less Offers. The demand in the summer usually decreases, resulting in a smaller pool of potential buyers. Because of this, homes on the market often receive fewer offers than during a busy season such as spring.
- Serious Buyers. Serious buyers who are committed to finding a home will often stay in town or visit during summer school breaks. They often want to buy a property before the new school year begins in the fall, making them a more motivated buyer.
- Higher Utility Bills. Keeping a home comfortable and cool for showings during the hot summer months can lead to higher utility bills. This is especially true for vacant properties, where maintaining a good temperature can be crucial for keeping potential buyers comfortable throughout their tour.

Summer is an opportune time to sell a home. If you’re seeking information on what your home’s value is and how we can assist in your real estate needs, contact us at (208) 870-8292, email us at info@lysibishop.com, or view our home valuation tool here.