Sunscreen, School Supplies… and Sneaky Good Real Estate Deals
School’s back, vacations are winding down and real estate? Quietly heating up. August might just be your best play.
One of the most common questions I get this time of year is: “Should we wait to buy or sell until fall?” And while the short answer is, “Homes sell all year long,” there’s more to the story especially when it comes to August.
The truth? August is one of the most overlooked months in real estate… and that’s exactly why it can be one of the best. Let me explain 👇
Buyers: You Have a Hidden Advantage Right Now
If you’re in the market to buy, here’s what you need to know: Most of your competition is on vacation. Literally.
They’re traveling, hitting pause, or waiting for “fall inventory” to roll in after Labor Day. Meanwhile, great homes are quietly hitting the market or sitting with price reductions after missing the mark earlier this summer.
Translation? You might have access to better pricing, motivated sellers, and far less competition without having to duke it out in a bidding war.
And with many buyers still sitting on the sidelines waiting on rates to drop, those who do make a move now are getting ahead of that wave.
Sellers: Less Competition, More Attention
Now, if you’re thinking about selling, you might be tempted to wait for September. But here’s the catch: so is everyone else.
By mid-September, inventory spikes. But in August? You’re mostly up against leftover listings from June and July that haven’t sold many of which are now stale, price-cut, and losing steam.
When a new home hits the market in August, it stands out. Big time. Serious buyers are still out there, and your home could be the fresh, exciting option they’ve been waiting for.
So, When Is the Best Time to Buy or Sell? (Isn’t that the question of the century)
For buyers: If you’re hoping to avoid bidding wars and snag a deal, August is your window.
For sellers: Don’t wait to be one of 30 new listings in September. Be one of just a handful in August and capitalize on buyer attention now.
August may not get a lot of hype but when it comes to real estate, it might just be the smartest move you make all year.
Thinking of making a move? Let’s chat about how to take advantage of the August sweet spot while it lasts.
XO - Gee
