The Best Month to Sell your Bremerton Home

Doing some real estate market research today on the Bremerton housing market I ran across an article on MSN Real Estate "5 tips to ensure your home sells in the winter" In this article there was a Bing search link with the words What's the best month for home sellers? So that is what I did. I did a search to see if I could find some more information. Of course I did. Here is a blurb from LendingTree.com

"Traditionally, spring is the hottest season for real estate. Sales peak in April and May and stay strong in June and July. It’s a good season for families to move, between school terms and while the weather is warm. People have just received their tax refunds, which they can use to help finance a down payment. And the nice weather and beautiful flowers in spring and early summer make it a great time to show your home."

They go on to state that 60 percent of all home sells take place during the summer months. Hmmm, I wondered how true this is in today's market. How true is this for the homes that have a Bremerton address? So off I went to pull the data together. Below are 3 charts for home sales in Bremerton for the last 3 years. Below the charts you will find my thoughts.

The year 2009 shows what might be a traditional summer market. Then when you look at 2010 the late spring early summer would be the best months. Look at 2011 and you can just hold your hands in the air and say - what the heck! The most we can take away from data these days is there are lots of short sales that skew all of the data. There are lots of foreclosures that skew the data. I do agree that lots of people do start their real estate search when spring arrives and usually want to be in a home prior to the fall. If you are thinking of selling in the summer market you really need to be ready by the end of March.