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When to Buy and Sell

The Best Time to Buy and Sell a Home in Hawaii

On the mainland, spring reigns as the best season for buying and selling a home. Houses show better in the midst of warmth and greenery than in cold and snow. That’s not an issue in Hawaii, so what is the best time to buy and sell here? Much depends on the type of dwelling involved.

Single Family Homes

Parents and children still stick by school schedules, so spring remains the best time to buy or sell a single family home. A spring purchase means children are settled in their new homes by summer, ready to begin the school year in a new school.

Online Searches

Online real estate searches peak at different times for different states, and in Hawaii the peak occurs in the first month of the year. The holidays are over and the New Year offers a fresh start – a perfect time to house hunt in a place where January is warm and sunny. Most of the people looking to buy homes in January are singles, couples without children or with pre-school age kids, empty nesters and retirees. They comprise a substantial percentage of the market, so a seller with a condo, townhouse or retirement property may want to put their home up for sale right around New Year’s Day. If you don’t have any particular plans for New Year’s, why not sell your house?

See You in September

September seems a counterintuitive time to put a house up for sale. You’ve missed the parents who don’t want their kids to go to a new school after the session starts. Why is it often a good idea to put a home on the market in early fall? That’s because there’s still demand, but relatively little in the way of supply. You’ll experience a lot less competition than if you sell in the spring, and likely receive a higher price. With luck, a person or family purchasing a house in September or October is happily ensconced by the time the holidays roll around.

December

December is not the best time to sell a home, but it’s a good time to buy one. Fewer people look for homes during the holiday due to traveling and social obligations. If the seller celebrates Christmas, it’s an extra opportunity to make a home appear festive and comfortable.

Contact Us

If you’re looking to buy or sell a home at any time of year, call Island Realty Group, LLC today at (808) 689-7407. We’ll find you the house of your dreams and get you the best price on your current home.

 

When to Buy and Sell