“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.
On the Fence of Whether or Not To Move This Spring? Consider This.
When buyers have to compete with one another like this, they’ll do everything they can to make their offer stand out.
Is It Time to Buy a Smaller Home?
There are many reasons to buy a smaller home—or to downsize from your present home—but sometimes, the idea that “less is more” is what propels homeowners to buy a smaller home.
Why a Real Estate Professional is Key When Selling Your House
Real Estate professionals have the skills, experience and expertise to navigate the highly detailed and involved process of selling a home.
Using Your Tax Refund To Achieve Your Homeownership Goals This Year
If you’re getting a refund this year, here are a few tips to help with your home purchase or sale this season.
Balancing Your Wants and Needs as a Homebuyer Today
Crafting your home search checklist may seem like a small task, but it can save you time and money.
There Are Several Great Reasons to Consider Buying a Condo Today
Talking with an expert real estate advisor is the best first step to determining if condo living might work for you.