Picture this: it’s ski season. Summit County ski areas finally have the fresh powder they need to host the thousands of winter sport enthusiasts who have been waiting to hit the slopes. I hate to wake you from this dream - and yes, it’s still summer. But time really does fly; this reality isn’t that far away!
Late summer and fall are the perfect time to look ahead when it comes to the housing market in Summit County. If you own a home in Breckenridge and have been thinking about relocating or moving up, now might be the right time.
If you’re on the fence about selling your home in Summit County, here are four really good reasons to do it sooner rather than later.
1. There's Less Competition
Each year towards the tail end of summer, inventory levels dip just before ski season. With fewer homes on the market towards the end of summer, your home has a better chance of catching the attention of an interested buyer. Not only will less competition increase the probability of receiving an offer, it also increases the chance that you’ll get the maximum amount of money for your home.
2. Buyers Are Serious
Our local title companies in Summit County often say that the busiest time of the year for them is late August and early September. And if you’re looking to act before - or after - those months, don’t fret.Homes are bought and sold 365 days a year; serious buyers who are on a moving deadline continue to look at properties regardless of the season.
3. The Process Will Be Quicker
Pretty much everyone knows that early summer is the most popular time to buy or sell a home. While this can be advantageous to home sellers, banks are inundated with loan applications in the spring, causing delays in closing timelines. As we head into cooler temperatures, mortgage lenders have a lighter load of loans to process and inspectors have fewer inspections to do. Combined, these factors should lead to a quicker transaction from start to finish.
4. Now Is the Perfect Time To Start Prepping Your Home for Listing
Summer and fall are a great time to prep your home to be listed - before ski season. Then, if your home is still on the market, peak season will bring countless potential buyers. Vacationers come to Summit County in droves from November to April. Between skiing, snowboarding, and soaking in the beautiful Colorado landscape, many of them will begin to picture themselves living the Breckenridge lifestyle full time. Peak season means thousands of more eyeballs are on your property – especially if it has ski-in/ski-out access.
Right now might just be the perfect time to sell your home in Summit County. There’s a lot less competition, buyer demand is strong, and thousands of tourists will soon descend upon our mountain towns. By listing your property now, you’ll expose it to a huge audience of serious homebuyers (and to people who didn’t even know they wanted to move here – until they came for a ski trip).
If you’re considering selling your home before winter, give me a call. I specialize in helping Summit County homeowners market their primary and vacation homes for a quick and successful sale. I look forward to working with you!
