Advantages of Selling a Home This Winter

Home sellers and real estate agents often fear the winter months because it seems like a poor time to list. The truth is that can be a great time to list your home for sale.

LESS INVENTORY

Conventional wisdom tries to say that taking your home off the market in winter and waiting to list until the spring selling season starts is the best way to sell your home. The truth is that if you are trying to sell your home, wouldn’t you rather list while there is less competition?

HIGHER PRICES

With the end of the summer season homes are often removed from the market, either because the sellers mistakenly believe they need to wait for the spring or they don’t want to show their home during the holiday season, however, when listings flood the market in spring, prices can go down as a “buyers’ market” takes hold with increasing inventory.

SERIOUS BUYERS

Buyers in the winter also tend to be more serious about a home purchase. The holidays are a time to relax and enjoy family and friends. In real estate, studies show that if a buyer is out looking for a new home during these months, they have a reason to move, which tends to create better offers. Home sellers can enhance their ability to capitalize on the slower pace and smaller inventory by listing their homes for sale now. Winter is the perfect time to get the highest possible sales price while the competition is drinking pumpkin-spiced latte and waiting for the spring.