Best time of year to sell your home - Local Winston-Salem area (including west to Elkin & Wilkes)
In our local market, which includes Winston and Greensboro and surrounding areas, all the way west to Wilkes County, that basically tracks - - with the number of homes sold being lowest in January and February and gradually increasing through summer before going down again.
Prices however are a different story. According to a recent nationwide survey, in typical years, homes generally sell for the highest prices in June and July and the lowest prices in January and February.
That is not necessarily the case locally. Since roughly 2020, home prices have been continually going up. In 2018 and 2019, there was a slight dip during the winter months, but it wasn’t significant.
Not until recently was there a decline in prices - - from October 2022 through January of 2023 - - before prices started rising steadily again.
So I would say that from a timing perspective, it could help a little to sell during the summer months, but it wouldn’t be significant.
It is still very much a seller's market in real estate, so no matter what time of year you decide to sell your home, you can potentially still get a good price and go under contract fairly quickly.