Do a little research on the best time to sell your home, and you might think that it won’t be worth it if you’re not listing in the spring or the summer. While every season has its own unique benefits, that couldn’t be further from the truth!
It is true that spring and summer are traditionally more active months for buyers…but that also means they’re more active months for sellers, too. That’s why there’s one major benefit to listing your home in the winter!
The #1 Reason to List in the Winter?
You can avoid that extra selling competition! Just because winter isn’t quite as busy as other months doesn’t mean buyers are completely inactive. In fact, while there may be fewer buyers total, the ones shopping right now are more likely to be highly motivated to make an offer!
If you’re hoping to capitalize on that motivation and the decrease in competition that the season brings, then November through January is the perfect sweet spot for listing. With inventory low, your home becomes a hot commodity—and captures the attention of serious shoppers before the spring inventory hits.
Assuming this year follows suit with last year, then December is looking like the prime time to capitalize on limited competition. Last year, inventory dropped by nearly 200,000 homes from November to December, then ticked back up by almost 100,000 come January.
And it’s not just the decrease in competition—it’s all about supply and demand, and the limited inventory of homes in the winter brings potential for higher prices. An added bonus for this year’s sellers? Mortgage rates are continuing to hover near record lows, meaning more buyers than usual may be motivated to hit the market!
Want to Make the Most of Your Sale?
One of the keys to a successful sale? Pricing your home right. Not only will the right price ensure that you’re making as much as possible, but it’ll also bring the right type of buyer through your door.
If you want to find the most accurate and competitive price for your home, just get in touch with Linda Craft & Team, REALTORS®! Not only can we give you the most up-to-date number based on your home’s condition and local trends, but we’d also be more than happy to recommend a few value-boosting projects that can take your property to the next level.
List Your Home this Winter
Contrary to popular opinion, you don’t have to wait until spring or summer to get top dollar for your home. The winter season is full of benefits for sellers that are just waiting to be capitalized on!
If you’re thinking of listing your home soon, let Linda Craft & Team, REALTORS® help. With our years of local experience and vast array of resources, we’ll price your property, help you make it look its best, and answer any questions you may have along the way. Ready to get started? So are we. Just give us a call!