Spring is here!

5 Ways Spring and Summer Impact the Real Estate Market in Southern California

As the warmer months roll in, the real estate market in Glendora and across Southern California experiences shifts that both buyers and sellers should take note of. Understanding these changes can help you navigate the market more effectively. Here are five ways that spring and summer impact real estate in Southern California:

1. Increased Inventory due to Better Weather

With spring comes a surge in inventory as homeowners prepare their properties for sale. The sunny weather allows for better curb appeal, with lush greenery and blooming flowers making homes more enticing to potential buyers. As my colleague pointed out, people are often busy getting their yards in order after the rainy season, making it an optimal time to showcase their homes.

2. Curb Appeal

Spring and summer enhance the aesthetic appeal of properties, with blooming flowers, lush lawns, and vibrant foliage. Homes tend to look more inviting during these seasons, potentially fetching higher prices as buyers are drawn to well-maintained and visually appealing properties.

3. Families Are More Willing to Move

Families with children often prefer to move during the summer months to avoid disrupting the school year. As a result, there tends to be an increase in demand for larger homes during this time.

In more wintery climates, moving in the summer is also a way to minimize the risk of slips and falls as well as making sure your belongings do not fall victim to moisture from snow or rain. This is not as big of an issue in Southern California, but many are still more willing to move in nicer weather.

Renters usually move in the summer for similar reasons, which means that first time home buyers may be looking to buy in the summer before their lease expires.

4. Market Dynamics

The law of supply and demand comes into play during the spring and summer months. With more buyers actively searching for homes due to a variety of reasons, sellers may have more leverage in negotiations, leading to faster sales and potentially higher selling prices.

5. More Appeal for Outdoor Amenities

Southern California's mild climate makes outdoor living spaces highly desirable. During the warmer months, properties with attractive outdoor amenities such as pools, gardens, and patios tend to garner more attention from buyers, potentially leading to quicker sales and higher prices.

If you're considering buying or selling a home this season, consider reaching out to us here at Century 21 Marty Rodriguez for expert guidance tailored to your unique needs and preferences. We’ve been in the business for over 46 years and are here to help.