Why August Is Still a Great Time to Buy or Sell a Home

Many buyers and sellers assume the real estate market slows down in August, but as someone who works closely with our local community every day, I can assure you that this month offers unique opportunities for both sides.

Why Buyers Should Consider August

1. Less Competition, More Negotiating Power
   Unlike the busy spring months when multiple buyers compete for the same homes, August tends to have fewer active buyers. This means less bidding wars and more room to negotiate on price, repairs, and closing terms. Sellers who list now are often motivated to finalize their sale before the fall season.

2. Better Market Insight
   By August, you can see how the market has performed over the past several months. This helps you make a more informed offer based on current trends and comparable sales, rather than guesswork during a fast-moving spring market.

3. Time to Prepare for Fall
   Purchasing a home in August gives you enough time to plan your move, settle in before the holidays, and even take advantage of back-to-school timing if you have children.

Why Sellers Should List in August

1. Serious Buyers Are Still Active
   The buyers who remain active during the summer are typically serious and ready to move quickly. These motivated buyers often have urgency due to work relocations, school schedules, or lifestyle changes.

2. Showcase Your Home in Summer Light
   Your home’s curb appeal is at its peak with green lawns, flowering plants, and longer daylight hours. This natural boost can make your property more attractive and inviting during showings and open houses.

3. Less Competition Than Spring
   While the spring market often floods with listings, August generally has fewer homes available, which means less competition for your property and more focused attention from buyers.

Every market has its own rhythm, and August continues to bring steady real estate activity. Many families aim to settle into a new home before the fall, and buyers who’ve been searching through the summer are often more motivated to make quick, solid offers. This momentum creates valuable opportunities for both buyers and sellers to make strategic moves before the busier fall and holiday seasons kick in.