This is the Best time of Year to Move
Spring has always been a popular season for homeowners to consider selling, but if you’re living in the Philadelphia metro area, the timing in 2024 is more pivotal than ever. According to a recent analysis by Realtor.com, as highlighted in an insightful piece by Michaelle Bond for the Philadelphia Inquirer, the week of March 24, 2024, stands out as the optimal time for Philadelphia homeowners to put their properties on the market.
This golden window promises an array of benefits for sellers, including the potential to list homes at $18,000 more than at the beginning of the year. This period is characterized by a 23% increase in listing views on Realtor.com and a sales pace that’s a week faster than the average. Such favorable conditions stem from a unique blend of higher listing prices, increased buyer demand, and a slower influx of new listings, reducing competition among sellers.
Why This Spring is Different
The Philadelphia region is experiencing a seller’s market, with active listings down 60% in February compared to pre-pandemic levels. This scarcity of available homes positions well-maintained and reasonably priced properties in a spot to capture significant buyer interest.
However, for those not quite ready to list their homes, the market remains favorable through mid to late April. This extended period allows homeowners additional time to prepare their properties for sale, ensuring they can still capitalize on the vibrant market conditions.
For Homeowners and Senior Citizens Planning a Move
At litemovers, we understand that selling your home and moving can be a significant life event, especially for senior citizens who might be downsizing or moving closer to family. Our tailored moving solutions are designed to make this transition as smooth and stress-free as possible.
Planning Your Move
If you’re considering selling your home during this peak time, planning your move is equally important. Engaging a reliable and experienced moving company like litemovers can ensure your belongings are handled with care and efficiency. We specialize in supporting homeowners through every step of their move, offering packing, moving, and storage solutions that cater to the unique needs of each client.
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