Spring is usually the most popular time of year to sell a house, with hordes of buyers looking to move into a new home before the school year begins.
You may 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. During the winter there is low inventory which means less competition for you.
Hi, I’m Cristobal Jimenez with Coldwell Banker. 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 at the start of the New Year. 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.
Not everyone looking at houses intends to make a purchase, have you noticed that? Some people are contemplating moving and may just want to see what’s on the market. Since more homes tend to go on the market in spring and fall, this is also when window shoppers are likely to be out looking.
You also have the opportunity to see the place at it’s best time, every once in a while we get rain in San Diego and it happens to are during the winter, you want to know that there won’t be leaks in the roof, the gutters do their job and if you have a back yard that the water drains properly.
There is an added bonus to selling during the winter: the buyers who are out looking in the cold and snow 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 staying warm at home, online!One of the biggest months for corporate relocation is January/February, so those buyers, who need to move quickly, are out in full force looking for new homes.
If you’ve 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, let’s Buy and Sell Strategically.
Questions? #CallCristobal now!