The Bottom Line
After all the hoopla of dealing with the onset of the pandemic with no traffic to my listing at all, we were able to sell our home three months later. I have to be honest — I was sweating bullets the entire time. After all, I’m not independently wealthy or anything. I’m not about to keep paying for two homes just because I can.
Fast forward twelve more months. Now, it seems like a totally different world. While the pandemic has been tough on all of us, it didn’t turn the world into a post-apocalyptic warzone. Science is prevailing, as vaccine rollouts continue to push us pack towards normalcy. On the housing front, we luckily got into a bigger home just as were all stuck at home. So we got to enjoy a little more space during lockdown. In fact, tons of people now tell us how lucky we were to decide to sell when we did. It sure didn’t seem that way, though, when I was struggling to pay for two houses at the onset of the pandemic.
I’m sharing my personal home selling story for one reason — to demonstrate how unpredictable the world can be. You can plan for months and try to time the housing market perfectly, but there are no guarantees. Is there a best time to sell a home, mathematically? Absolutely. Sell on a Friday in the second half of May if you own in New York City. Just don’t expect your plan to always work out, regardless of where you live.
Here’s a guaranteed way to feel good about your decision: enjoy your home while you live there. Let your family and financial circumstances dictate when it’s time to sell your current home. Let the chips fall where they may. That way, you can rest easy, even if you missed out on an opportunity in hindsight.