What is the Best Season to Sell Homes in McDowell Mountain Ranch?
What is the Best Season to Sell Homes in McDowell Mountain Ranch?
Since snowbirds and tourists start leaving Scottsdale AZ in the summer, is it still a good time to put up your McDowell Mountain Ranch Scottsdale home for sale now?
The answer is YES! Summer is actually a great time to list your McDowell Mountain Ranch home for sale because there is less competition. Many sellers take their homes off the market during the summer. While supply of homes for sale in Scottsdale decreased, the demand remained normal without any signs of changing. More buyers and less sellers during the summer makes it a great time for selling homes!
The Scottsdale real estate market is also surprisingly strong during the summer months. If we look at the trend last 2014, the number of sales in June, July, and August were higher than the sales of any of the months during the rest of the year (except December 2014).
Last year, there were 474 homes sold in june, 400 homes sold in July, and 363 homes sold in August, totalling to 1,230 homes sold in Scottsdale during the summer months of 2014.
This year, with 8,721 closed listings, June 2015 had the highest number of closed McDowell Mountain Ranch homes for sale since May 2013.
Prices of homes are also substantially higher than prices 6 months ago. With home prices and mortgage interest rates starting to increase, more prospective buyers are entering the market before home prices become too high. Home prices in the U.S. are expected to rise by as much as 15% during 2015, so start planning the sale of your McDowell Mountain Ranch Scottsdale home now.
Banks are also approving more home mortgages and closings are taking less time to complete, which are both great motivations for buyers to look for homes for sale.
All these factors combined make this summer the best time to list your homes for sale in McDowell Mountain Ranch Arizona.
For tips in selling your McDowell Mountain Ranch home, check out www.ScottsdaleAZHomes.net.
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