When Is The Best Time To Sell A House in San Diego?

Reviewed by: Brandon Brown

Are you looking for a change of pace, wanting to take advantage of new remote work opportunities, or feeling like getting in on one of the hottest real estate sellers’ markets that everyone’s talking about?

It might just be the perfect time to sell your home. This is especially true if you live in a popular place like San Diego County, an area with one of the fastest growing home values in the nation, at 19.6%.¹

Even in late 2021, as we enter off-season for the San Diego housing market, homes are still selling twice as quickly compared to previous years. 

Though you will not go wrong selling in these later months, you might be asking, “Well, when’s the best time to sell?” The short answer? March, April, and May tend to be the best times to list and sell a San Diego house—but there’s a lot more to this answer than meets the eye. This article will dive deep into when (and why) to sell, with all the expert insights needed to make the most informed real estate decision.

Best Listing Strategies

Listing during times of highest demand is the key to selling above the your asking price, especially since the San Diego housing market has been experiencing a record low supply, the lowest since the 1970s. 

Since a more competitive real estate market means higher bids on your single family home, it’s best to list during specific months with the highest concentration of buyers. During these times, it will be key to track how buyer demand will affect the median house price in San Diego.

Avoid Selling Out of Season

Studies show the worst times to sell begin in October and continue through the winter, when homes are least likely to sell for above asking.² There are fewer buyers participating in the housing market during this period because many have kids in school, and out-of-state buyers face wintry conditions, which might make it difficult for a homeowner to move.

Best Months to List In-Season 

Demand skyrockets when the greatest numbers of buyers are ready and able to move. For that reason, spring and summer are the best seasons to list your single family home because they coincide with comfortable weather and the end of the school year in Southern California. Psychologically, these seasons also represent a time of optimism and new beginnings, which can be encouraging for a new homeowner. 

Out of these seasons, the months of March, April, and May are ideal times to sell. 

March listings sell the fastest, and April listings maximize profits, while May listings seem to be the sweet spot for both, especially in San Diego County. ³There’s even an optimal day of the week to list your home—Thursday. Buyers seem to be active on the listings on this day of the week since it best coincides with buyers’ plans for weekend tours. 

Remember, the best time to sell a house is usually the best time to enjoy it. The best time to sell a house in San Diego specifically, with its coastal attractions and refreshing Pacific waters, is during the spring and summer.

What About the 2021 Sellers’ Market?

Wondering, “What is the latest news on upcoming San Diego real estate trends?” or “What is the San Diego housing market bubble all about?” While it is tempting to sell during one of the hottest sellers’ markets, San Diego real estate reports from September show that things are cooling down a bit, with prices falling 7% nationally.⁴ Though homes are still selling well over asking even as we enter the off-season, the San Diego real estate market is normalizing and trending towards buyers. 

Therefore, it may be wiser to use the fall and winter to boost the value of your home through renovations and home improvements, and save your San Diego house listing for spring 2022, when demand will peak again. By increasing the value of your home with these improvements, you will double down on what makes selling so lucrative right now: asking price.

Though mortgage rates have steadily decreased, making it even more affordable to own and finance a home, this has increased the number of buyers looking to enjoy higher levels of appreciation. Asking prices are at incredible highs, which means any improvements made to your home will increase its value substantially.

By renovating and selling your San Diego home, you can:

• Substantially profit off of high-value real estate
• Upgrade to a more impressive home in a new location of Southern California and beyond
• Enjoy new record low mortgage rates 
• Take advantage of remote work’s flexibility
• Relocate to areas with better real estate market conditions, prices, tax rates, school districts, and costs of living 

Renovate and Sell Your Home with FlipSplit

If you want to get in on what will be another hot sellers’ market in 2022 but don’t want to fuss with searching for a realtor, navigating the complicated real estate market, or struggling with the labor and cost of renovation, look no further than FlipSplit. From Ventura to Orange County, we buy houses as they are, with the goal to increase their value through expert renovations and improvements. Unlike other home flippers, thanks to our profit participation agreement, you also profit from the changes we make to maximize your home sale value. 

Request an offer today for more information, and relax by the beach knowing FlipSplit has got your back when it comes to renovating and selling your San Diego home.

Sources:

1. Zillow. Should I Sell My House Now, In 2021? https://www.zillow.com/sellers-guide/should-i-sell-my-house/
2. Zillow. When Is the Best Time to Sell A House? https://www.zillow.com/sellers-guide/best-time-to-sell/
3. California. Thinking of Selling Your Home? Here’s The Best Time to List a House. https://www.california.com/thinking-selling-your-home-heres-best-time-list-house/
4. Norada Real Estate. Housing Market Forecast 2021 & 2022: Crash or Boom Next? https://www.noradarealestate.com/blog/housing-market-predictions/