There is always a debate about the best time to put your house on the market to get the most money for it. Most of the buyers are ready during the summer there is no doubt about it, however during the Winter even though there could be less buyers they are more serious about buying.
I have sold most of our properties (primary residence) during the Winter, November-January and it has been a great experience. Many sellers think spring is the best time to put their homes on the market because there are usually more buyers out at that time of year.
What they don’t often consider is that every other homeowner is thinking the same thing, which means they’ll have the most competition. The #1 reason to list your home in the winter is there’s less competition. Inventory usually is at its lowest point in the winter, so the options buyers have are limited.
The ‘sweet spot’ for listing your house to get the most exposure happens in the late fall and winter months, typically November through January. When spring rolls around, temperatures aren’t the only thing that rises. So do the number of listings. Don’t wait for all of the competition to show up before you decide to put your home on the market.
There is an added bonus to selling during the winter: the buyers who are out looking tend to be very engaged and serious. You will be much less likely to be inconvenienced by those casually looking or just wanting to get decorating ideas for their own home. You might be surprised how often that happens during more active markets.
In the winter, the lookers are at the malls or online doing their Christmas shopping.If you’re been thinking about whether or not to sell your home or are curious about the market conditions in your area, contact me today.
I’m Cristobal Jimenez with Coldwell Banker, and I’m here to provide you with a smarter approach to real estate.
Questions? #CallCristobal now!