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Timing The Real Estate Market in Tysons Corner?

Soldsense.com - number of sales in Tysons CornerWhen is the best time to purchase a home” and ”When is the best time to sell a home” are  questions we get all the time here at Soldsense. Homes are in short supply in this area with stable prices and few foreclosures and short-sales. 

It still takes a lot of time to find suitable homes for clients due to the limited supply in this area - based on  the recent year trends my clients may have to wait a few months more.

So, if you have a choice – when is the best time to sell your home? And what would be the best time to purchase a home?

numhomesonmarkettysons2011In general you should buy and sell when you are ready.  That being said, many will try to use the market trends to their benefit. So, here are some thoughts using the statistics.

As a seller, to avoid the March-April rush you could try listing in January or February. That way you may take advantage of any pent-up demand from the winter months. Alternatively you could try listing in May. Your new listing will look attractive with few days on the market as compared to homes having been listed in March and April. You may also take advantage of the high number of closing sales in the June-August time frame. 

If you have a choice – when should you purchase a home? You could try to get an early start on the large inventory being listed in March and April instead of waiting with the rest and purchase in May-July.

Every situation is different and the above may or may not apply to you. We know the Tysons Corner area and we would love to meet with you to discuss how we can help you buy and/or sell a home.

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The multiple listing data appearing on this website, or contained in reports produced therefrom, comes in part from Metropolitan Regional Information Systems ("MRIS"). The information provided is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All real estate listings include detailed information about them that includes the name of the listing brokers and therefore may reference real estate listing(s) held by a brokerage other than the broker and/or agent who owns this web site.

All listing data, including, but not limited to, square footage and lot size is believed to be accurate, but the listing agent, listing broker and respective Multiple Listing Services and their affiliates do not warrant or guarantee such accuracy. Therefore, all data should be personally verified through personal inspection by and/or with the appropriate professionals. Listing data last updated 5/17/13 11:59 PM PDT.

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