Fall Market Update: Is the Fall a Good Time to Sell in Atlanta?
Like many places, early spring through the summer are generally the busiest times of the year for home sales in Atlanta. But the fall can be a particularly advantageous time of year for sellers! Especially in the seller’s market Atlanta is currently experiencing, there are still tons of buyers looking. There’s really no bad time to sell right now. Also, let’s face it: fall is GORGEOUS in Atlanta, so the weather is showing off a bit. This can help homes show well for sure. Other reasons fall is a great time? See below!
Atlanta housing inventory does drop off during the fall months, so you’ll have less competition. That means you can expect higher offers, fewer contingencies, and less scrutiny from buyers. You maintain more power over your terms. This is all good!
Fall buyers are serious buyers here in the south! Early in the year you can get lots of lookers who are just thinking about buying at some point, but by fall the buyers still looking are ready to get under contract and often have a deadline. Many fall buyers are anxious to get settled before the holiday season and, if they have children in school, they will want to get them in their new schools before too much of the school year passes.
Employers who pay to relocate employees also like to shop off-season to save on moving costs. If you live near a large hospital like Emory or Northside, a university like Tech or GA State, a technology center, or an industrial area, your home may be attractive to relocation services.
Fall is also prime time for buyers who aren’t shopping in school districts. Young professionals and empty nesters are two populations more likely to shop in the fall. If you are marketing to these populations, you might want to show off multi-use spaces for exercise rooms, a home office, or a game room.
The fall is much more fun for showing a home than the dead of summer here in Atlanta. Use the mild weather and a festive atmosphere to enhance your home’s showing potential. As the temperatures cool off and we welcome crisp, clear fall days, it becomes easier to maintain your yard and add to your curb appeal. You can use fall colors and foliage in your home décor to create a cozy atmosphere. Don’t forget some pumpkin spice scented candles or warm oatmeal cookies to warm buyers up for a sweet deal.
If you’re thinking about selling your home in Atlanta but can’t decide between listing now and waiting until after the holidays, now is the time. Give me a call, and let’s tie the whole process up in a pretty red bow long before the new year. I’m here for any questions or guidance!