Just an hour south of Portland, the city of Salem is the capital of Oregon and a very desirable place for people to choose as their home. Located in the heart of the Willamette Valley, Salem is known for its wide offering of outdoor recreation, its idyllic family-friendly Riverfront Park, a multitude of upscale golf courses, a variety of top-notch school options, and a culinary scene famous for Northwest cuisine. Home values in Salem have seen a sharp incline in the past year, a steady increase over the past several years and a projected steep climb within the next few months. In fact, Zillow’s Home Value Index projects over 6% growth in median home value over the next year alone. While Salem is an attractive destination to visit year-round, the best time to sell gets a little more specific. If you are looking to sell your Salem home, the tips below will help you carve out the best time of year to put your house on the market.
Remember That Springtime Means Sales
Did you know that the first 15 days of May are the best time to sell a home throughout the entire country? As a rule of thumb, your home should be listed by late April in order to take advantage of the heavy influx of home sales in May and June. These warmer months are when the people who have been browsing online home listings for months take the leap and actually commit to working with a real estate agent to purchase a home.
Make the Most of Winter Downtown in the Real Estate Market
Winters in Salem tend to be long, dreary and snow-drenched. Most people looking for a new home aren’t particularly motivated to make a purchase during this time. Take advantage of this fact by making the most of the winter months. Put as much time and effort as you can into getting your home ready to be shown in the warmer months. Upgrade minor items where you can, make all necessary repairs and do some repainting. Additionally, speak to your real estate agent about the potential for a “coming soon” listing for your house or see if there is any preemptive marketing that can be done to spread the word in late winter or early spring about your home’s future for-sale status.
Get Niche Market Advice from a Professional Agent
When you are in the process of finding a real estate agent, take advantage of the niche market insight that local agents naturally acquire in their day-to-day work. The information that agents provide you should contain the general best time of year to list your home as well as some niche information that is specific to your home’s specific location in the Salem area. Select a truly great Realtor® by using the proven data collected by Effective Agents. The website’s algorithm syncs up specifics about your house with success metrics that the top-selling realtors® have achieved. The site compiles a list of top agents in Salem that have a wealth of success selling homes similar to yours.
Find more housing in Salem and other real estate news by registering on 503area, your free guide to the Salem area.
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