Surprisingly, March is the best time to prepare a home for sale in Houston. Inventory is typically low, while demand for housing reaches an all-time high. We are going to give you the best tips to sell your home in Houston. The median home value is currently around $335,000, and forecasts suggest that home prices are expected to increase further in 2024.

In addition to home prices, mortgage rates are also on the rise. While still lower than the October 2023 peak of 7.79%, the current rate of 6.74% presents a good opportunity for homebuyers. However, rates may climb higher in the coming months.

Listing a home on the market ensures a chance to capitalize on current conditions before inventory becomes scarce.

What is the Best Time of Year to Sell Your House in Houston?

The ideal time to sell a house depends on your goals, such as earning a higher profit or selling quickly. You can follow below to give tips to sell your home in Houston.

• Best Time to Sell for a Higher Price

The best months to sell a home in Houston for a higher price are April, May, and June. In May 2023, the median house sale price was $356,000, with expectations for further growth in 2024.

Some neighborhoods and areas continue to experience year-round growth.

• Best Time to Sell Quickly

Once again, June and August are the best months for a quick house sale. In these months, houses spend, on average, 21-23 days on the market. This is 10-15 days shorter than other months.

It is believed that a market where there are fewer days of inventory indicates a buyer’s market. Those who must move because of a job transfer tend to do so during November and December. They are eager sellers who have a strict timetable for selling the home.

3. What is the best day of the week to list your Houston, TX house?

21% are homes in the country that are listed on Thursday. This gives the home a better exposure. Homes listed first of the week needed to be on the market for longer.

On the weekends, people looking for a home attend house tours. You can use this time factor by listing your home after 5 pm on Thursday. Most buyers and sellers look for homes online when they return home from work.

• Best Day of the Week to List a House

Nationally, homes listed on a Thursday tend to gain better exposure, with 21% of properties listed today. Homes listed earlier in the week often stay on the market longer.

Most potential buyers attend house tours on weekends, making Thursday evening (after 5 p.m.) an optimal time to list a property.

• Best Season to Sell a House in Houston

Spring and early summer are the prime seasons for selling a home. Listing during late spring or early summer can result in faster sales and higher profits due to:

1. Families prefer to move without disrupting their children’s school schedules.
2. Increased availability of potential buyers due to fewer holiday commitments.
3. Longer daylight hours and better weather for house showings.

In warmer regions like Houston, winter can also be an excellent time to sell, as buyers often search for vacation homes.

When Should You Sell Your Houston Home?

You can sell your home at any time.

When You Need to Change Your Life

Some situations in life require a major change.

• Relocation for a Job: Let’s imagine you received a great job offer, but the company requires that you relocate. In such a situation, you may have to sell your property in a weak market.
• Adverse Neighborhood: You may be looking for a safer neighborhood to raise your family in or a house closer to your child’s school.
• Divorce – Homes can hold sentimental value to couples. You may decide to sell your house after a separation.

You can benefit from market conditions.

You can receive a premium rate if the market is favorable. Some of the factors that influence the real estate markets are:

• Economy: Economic factors such as manufacturing activity and GDP, employment rates, costs of goods, etc., have a significant impact on the Texas property market.
• Lower interest rates boost Mortgage Demand. This increases the value of real estate, increasing home prices.
• Government Policies: The federal government can create a favorable temporary housing market by implementing subsidies, tax credits, and deductions.

If You Are Prepared Financially

What factors will help you determine if your finances are ready?

• Affordability. The average mortgage interest rate influences the affordability of buyers. If you plan to buy, check in advance whether interest rates will rise or fall.
• Reduce Your Expenses. If you have a larger house but want to reduce your taxes, homeowners insurance, and HOA fees, you can move into a small house.
• Equity for New House. When your existing home has enough equity to pay a decent down payment, you can sell it.

Is It a Good Time to Sell a Home in Houston?

We have given you many tips to sell your home in Houston. Now is a great time to list a Houston property. With spring approaching, the upcoming summer season presents excellent opportunities for sellers. Homes listed during this period often sell faster and for higher profits.

For the best results, consider listing on a platform that syndicates across popular online real estate websites, ensuring wider exposure and competitive offers.