“So, what’s the #1 reason to list your house in the winter? Less competition.”
Many sellers believe spring is the best time to put their homes on the market because buyer demand traditionally increases at that time of year. What they don’t realize is if every homeowner believes the same thing, then that’s when they’ll have the most competition.
So, what’s the #1 reason to list your house in the winter? Less competition.
Housing supply traditionally shrinks at this time of year, so the choices buyers have will be limited. The chart below was created using the months supply of listings from the National Association of Realtors.As you can see, the ‘sweet spot’ to list your house for the most exposure naturally occurs in the late fall and winter months (November – January).
Temperatures aren’t the only thing that heats up in the spring – so do listings!In 2018, listings increased from December to May. Don’t wait for these listings and the competition that comes with them to come to the market before you decide to list your house.
Added Bonus: Serious Buyers Are Out in the Winter
At this time of year, purchasers who are serious about buying a home will be in the marketplace. You and your family will not be bothered and inconvenienced by mere ‘lookers.’ The lookers are at the mall or online doing their holiday shopping.
Bottom Line
If you’ve been debating whether or not to sell your house and are curious about market conditions in your area, let’s get together to determine the best time to list your house.
To view original article, visit Keeping Current Matters.
The Biggest Perks of Buying a Home This Winter
Since homes generally take longer to sell during the winter, sellers are often more motivated to close a deal.
How Home Equity May Help You Buy Your Next Home in Cash
Building equity in your house is one of the biggest financial advantages of homeownership.
Struggling To Sell Your House? Read This.
If you’re having trouble getting your house sold, here are the top three hurdles and how an expert agent can help you solve these issues.
Only an Expert Agent Can Give You an Accurate Value of Your Home
Agents have a deep understanding of the local market, and they can provide insights that automated tools simply can’t match.
What Will It Take for Prices To Come Down?
It’s crucial to work with a local real estate expert who understands your market and can explain what’s going on where you live.
Why More Sellers Are Hiring Real Estate Agents
Selling your home is a big deal, and while FSBO might seem like a way to save time or money, it comes with a lot of responsibilities.