“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.
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.
If you’re thinking of selling, know that the motivation for buyers to purchase right now is as high as ever with rates where they are today.
Having equity to re-invest in your next home is a major force that can make moving a reality.
The demand for lousing will keep growing this year. This may be your moment to list your house and make a move!
For the seventh year in a row, real estate has come out on top as the best long-term investment.
Check out the latest listing by BrookHampton Realty! You won’t want to miss this spacious 3-4 bedroom farmhouse! Call Donna today to schedule your private showing!
Summer is gearing up to be the 2020 buying season, so including your house in the mix may be your best opportunity to sell yet.