Timing: When to Buy vs. Sell a Home In Seattle

Photo Credit: iragoldrealtor.com

It’s no secret by now that Seattle is among the hottest real estate markets in the country and with that accolade comes intense competition. Whether you’re moving to the area or currently a resident and considering a real estate transaction of any kind, us this simple formula to help direct your decision.

As the temperature rises so do real estate prices.

That’s right, nation wide and especially here in Seattle, the activity around real estate is heaviest during the warmer months, May – July in particular. So with that said, consider buying a home in Seattle during the cooler months of October – February and imagine selling your home between March and September. 

Now, take this simple formula with a grain of salt and consider the inventory. Summer activity levels typically equate to more listings while cooler months see fewer. If you’re looking for a very specific living situation than the odds of finding that during the summer is greater vs winter but if you’re simply in need of shelter and not too picky, odds are you’ll save some money by purchasing in the winter. 

A crystal ball would certainly serve us all well but since that’s likely not in the arsenal the best we can do is move with our gut and quality research. It can be overwhelming but I’m here to help. Please feel free to reach out with any questions, I’ll happily work through your specific situation and identify what serves you best. 

Here’s MORE on the best time to buy vs sell a home.