The Number One Reason To List Your Home In The Winter! And Two Other Really Good Ones.
Like many of you who got lost in the HBO series Game of Thrones, I revel in the proclamation that is, "Winter Is Coming". But if you know me you will know I love, love, LOVE summer and I always hate for it to end. I celebrate the warm air, I love the water related activities. I love wearing flip flops and shorts. And in general, I love the party that IS summer and I want it to go on and on and on. Do you know that guy who is always the last one at the party, ready to Go All Night??? Well, that's me. And that's how I normally treat summer. I want it to go on forever. I go kicking and screaming into fall and eventually winter.
But there is a good side to winter coming. At least, for those who are looking to sell their home.
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. And this year that is especially true with our very low demand of home for sale. 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.
Two Added Bonuses
Bonus #1: During the winter home buying season only the most serious home buyers our out looking.
Bonus #2: You wont be bothered by the looky loo's, who aren't serious about buying. They are too busy shopping with holiday adventures... and selfies and stuff.
Bottom Line
If you've been debating whether or not to sell your house and are curious about market conditions in your area, talk to a real estate profession you know...or better yet, call me. The best time to sell you home doesn't depend on the market, it depends on what works best for you. But just so you should know, I have had great luck in selling home during the winter...for mostly the reasons I mentioned.
Scott's Advice
Selling your home at the right time depends you YOU! But you should be aware of the best times to put your home on the market. And winter works great. Call me as soon as possible and I will give your my best advice on how and when you should list your home for the best possible results. But as I said, winter works.
Scott C. Dickinson is a real estate broker who lives in beautiful Vancouver, WA but helps others with their real estate needs all over the US. He can be reached by email at ScottYourBroker@gmail.com or call home at 360-518-7197.
Comments
Post a Comment