Choosing the best time to sell a home depends on your goals, whether you want to make a profit or sell your home quickly. The best months to sell a home in Idaho are July, September, and October. The median home sale price in October 2023 was $484,400 and is expected to increase in 2024. However, cities like Kuna and Meridian follow an upward trend throughout the year.
June and July are the best months to close a home sale quickly. During this time, homes stay on the market for an average of 25-28 days, which is 10-15 days less than in other months. A shorter time on the market is considered an indicator of a seller’s market. However, people who need to move due to job relocation tend to move in November and December.
Tips for Selling Your Idaho Home
1. Price your Home Competitively
It may be tempting to price your home above market value, but this strategy can result in your home staying on the market longer than average, ultimately lowering your closing price.
It’s a good idea to work with an experienced Idaho real estate agent who can provide you with a comparative market analysis (CMA) to help you determine a competitive and realistic listing price. Your agent will compare your home to similar homes that have recently sold to determine a fair listing price.
2. Staging Your Home
Staging your home can help you give buyers a feel for what it’s like to actually live there. You can get creative with staging, but there are a few basic rules to follow. Remove personal belongings and keep your home clean.
Putting your personal belongings on display can make it difficult for potential buyers to imagine themselves living in your home. Likewise, a cluttered or dirty home won’t leave a positive impression on buyers.
If you want to go all out, hire an interior designer who can give you advice on how to arrange your furniture in an appealing way. You can also ask your real estate agent for staging advice to help you spruce up the interior of your home.
3. High-Value Improvements
Focus on high-impact, budget-friendly home improvements that address common buyer concerns. A fresh coat of paint in a neutral color, both inside and out, can provide great value and transform the look of your home.
Updating fixtures like doorknobs, cabinet pulls, and light fixtures is an inexpensive way to modernize your space. Minor kitchen and bathroom refreshes, like regrouting tile or replacing an old faucet, can make these important spaces more appealing.
4. Make your exterior stand out
Don’t overlook the importance of a well-maintained exterior. Pressure washing, landscaping, and a freshly painted front door can make a powerful first impression.
Not only will these exterior improvements make your home more attractive, they’ll also signal to buyers that your property has been well-maintained, which can help it sell more quickly.
Is Now a Good Time to Sell a Home in Idaho?
Yes, now is the right time to list your Idaho home. Spring is coming soon, and summer is a great time for home sellers. List your home on the LowesFlatFee to sell your home in Idaho quickly and for a higher profit. Homes listed on the LowesFlatFee sell for more than those not listed there.
How long does it take to sell a home in Idaho?
The average time it takes to sell a home in Idaho is about 30 to 35 days. However, factors such as the location of the home and market conditions can affect how quickly a home sells.
When is the worst time to sell a home in Idaho?
January and February are considered the worst months to sell a home in Idaho. Homes sit on the market longer in February. In January, you may have to sell at a lower price.