Friday, February 26, 2010

February, March or April, when is the Best Time To Sell your home in Mississauga?

I had another good question from a reader:

I am thinking to sell my home in Next couple of months. I live close to Derry/Mclauglin. What would be the best time to sell from now to June 2010 in terms of getting the best price.



Hello P.,

Thank you for your real estate inquiry. This is a very good question. Our current marketplace is very fast, properties are selling exceptionally well. Nobody knows how long this will last. With HST coming July 1st and many are predicting increasing interest rates in mid year, these two factors could slow our market.

Thus, the current 'wisdom' is to sell now rather than wait until May or June. If I were selling, I would sell now due to excellent market for sellers.

You may have seen this graph and information on my site, but certainly February/March are usually the best months of the year to sell:

If you have not purchased a property, this could impact your decision too. If you have not purchased, you can still sell now with a long closing.

If you are thinking of selling, would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
Please let me know if you have any other questions or if there is anything else I can help you with.

Thank you,


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