Real Estate News & Current Events
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
What month to list my Seattle property in 2016's hot market?
Hi, all,
I will be listing my north Seattle area condo for sale later in 2016 - most likely September after my tenants' lease is up Aug 31st. At least, that was the original plan.
My tenants contacted me recently and stated their own offer on a house was accepted, but it's new construction that won't be ready until November 2016. They're asking if they can stay through then and are willing to pay a higher rent during those months to compensate, so about 3 more months. That would put me in December to list with a sale in January being the most likely scenario.
So my question is, given how hot the Seattle market has been this year, would it make any difference if I listed the condo in September or December? Fall months traditionally get the seller better pricing and faster closing than winter, but does Seattle's hot market override that? Would those few extra months see prices continue to rise, while a bit more of the mortgage is paid down?