As we move into the fall and winter season, many homeowners are starting to evaluate whether it makes more sense to sell now or wait until spring.
Historically, inventory trends upward now through the Spring months… which means waiting often means competing with morelistings, not fewer.
In the vacation rental market, demand has adjusted from the unusually strong surge seen between 2020 and 2023. With more rentals available today, travelers have moreoptions and are price-shopping more carefully.
While many properties are still performing well, for some owners and property types, it may make sense to reevaluate whether continuing to hold or selling better aligns with their financial goals.
Our professional advice for all homeowners:
Sell when you’re ready, not based on what you think the market might do later.
See charts below: the blue line shows active inventory, and it consistently rises heading into spring year over year.
Active Inventory
The yellow line below shows sold homes. More homes sell during the months of November - May, but there are also more homes competing.
Waiting doesn’t necessarily equal a stronger position.
Sold Inventory
For buyers, this is one of the most negotiable markets we’ve seen in years.
Interest rates have been slowly ticking down, and with higher inventory on the market, sellers are more open to offering concessions, which can be used to cover closing costs or buy down your rate, lowering your actual monthly payment.
Our team at Havasu Life Properties wants to give back to our Veteran community by donating FREE tickets to Veterans for the upcoming race at the Havasu 95 Speedway on November 15th at 6:00pm!
Veterans, please contact us to reserve your tickets — or share this with someone who served so we can gift them a night at the Speedway.