Hi everyone, lets talk about the spring market for a second.  

No i'm not going to tell you its the best time to sell, or its the best time to buy, but over the years, the spring market has a had this... narrative, and i'm making this video clarify a few things. 

And in case you dont me, my name is Ray Estrella, and I am a realtor with Sutton Group Seafair Realty and the main part of my business is helping families and individuals with the next stage of their life, through real estate.  So, if this sounds like you, i invite you to keep watching.


The spring market is a very popular time for real estate! Have you ever seen or heard, whether its an ad or headline saying the spring is best time to sell?  

Well, that also implies that  its the worst time to buy.

Yet there's a lot of buyers out there, because upon tax season, buyers are motivated through their latest mortgage prequalification.

We've also been told that the Spring time will be the top of the market! 

Really?  

Lets take a look at that for a second.

Apartment/Condo Benchmark prices from the Start of the Spring Market to the end of the Spring Market

march 2022 - 835,500
August 2022- 740,000

March 2023- 737,400
August 2023 - 770,000

March 2024- 777,500
August 2024 - 768,000

March 2025 - 767,500
August 2025- 734,400

So if you're hearing that the Spring is the best time to sell because its at the top of the market, that is outdated information.  
From 2006 when i started, all the way to covid we've seen a year over year incline whether it was .1 of a percent or 5 percent....with a couple of sections where the market went down for whatever reason.  So yes, every time the spring came around, we were under the impression that it was the top of the market.  You could also say that about the summer, and you could also say that about the fall year over year.  

Spring of 2006 $338,700
Spring of 2021: $715,000

But prices didnt increase or decrease because it was a certain month, or a certain season.  That's what i'm trying to get it.

So after saying all this, is the Spring time a bad time to sell?  

And my answer is....absolutely not.  Just change the perception what you have about the Spring Market.  The spring time is a very popular time to do real estate, because it is convenient.  

I mentioned earlier that the tax season provides a buyer motivation through new qualifications. 
But on top of that, real estate in the spring means moves that doesn't interfere with the kids school years, and yearly holidays. 

There are a lot of benefits in moving in the spring, but that goes both ways...selling and buying.  

I hope you found this information helpful, please message me if you have any questions we can answer for you. We'd love to help connect the dots.