When it comes to the perfect time to sell a house, it is not the most important factor, but it can certainly impact the speed of sale and the price you will get for your home in the overall market.
With that being said, it is worth mentioning that the ideal time to sell a house varies from person to person as everyone has their separate reasons and aims; however, if the most important priority for you is to sell your house in South Carolina at a high price at a quick pace, then this guide will help you with that.
When is the best month to sell?
The best time of the year to sell your house depends on what you are looking for. It either comes down to the best price or the fastest-selling month. Let’s have a look at both.
When it comes to the best price ( the highest price ), June’s best month. This is because the prices of homes for sale in South Carolina are$12,400 higher in June than the rest of the year. On average, the sale price of a house in South Carolina falls around $253,000 in June.
On the other hand, we have a month in which the frequency of house sales in South Carolina is almost 13 percent higher than any other month of the year. The month in question is May, in which the houses on the market were sold ten days faster comparatively. On average, houses were on the market for around 70 days, relative to the annual average of roughly 80.
Sale price premium
To better understand the terminology in this article, it is best to define this particular term. A sale price premium is a difference between the average sale price in a given month and the average sale price annually.
The best month to sell for the major cities in South Carolina (for the best price)
• Greenville – for this city, the ideal month to sell your house would be may, as the seller can benefit from a sale price premium of approximately $15,000. If you happen to live in this city, then make sure to check out we buy houses Greenville sc and enjoy their amazing services.
• Charleston – the sale price premium for this city falls around the healthy amount of $26,600 in December. So you might want to wait till the end of the year to enjoy the price hike.
• Myrtle Beach – September is the ideal month for you to sell your house in this city to benefit from a sale price premium of $23,000.
All in all, when it comes to selling an asset as important as a house, you will want to ensure that you have conducted thorough market research on the current house prices in South Carolina as well as days on the market to gauge how fast the houses are selling during a particular time of the year. I hope this guide helped you get an idea of the real estate market and tips on when to sell your home in South Carolina.