“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.
Expect the Unexpected: Anticipating Volatility in Today’s Housing Market
Understanding what’s happening will help you make the right decisions, whether that’s buying or selling.
Is a Fixer Upper Right for You?
The perfect home is the one you perfect after buying it. With careful planning, budgeting, and a little bit of vision, you can turn a house that needs some love into your perfect home.
How Real Estate Agents Take the Fear Out of Moving
Real estate agents are trusted guides to help you navigate the complexities of the housing market with confidence and ease.
Why Home Sales Bounce Back After Presidential Elections
As has been the case before, once the election uncertainty passes, buyers and sellers will return to the market.
Why Your House Will Shine in Today’s Market
If you’re thinking about selling, the shortage of homes for sale means your house is likely to get some serious attention from buyers.
How Long Will It Take to Sell Your House?
If you’re looking for ways to make your move happen as quickly as possible, partnering with a great local agent is the key.