A recent report of over seven million real estate sales over the past many years revealed that the time of year in which a home is listed may be able to shed some light on the possibility that the home will close for more than asking price, as well as how fast the sale will occur.
It’s no surprise that listing a house for sale during the spring months saw the biggest return, as the March, April and May is usually the busiest season for home sales. What is amazing, though, is that listing during the winter came in 2nd!
“Of springtime listings, 18.7 % of homes got above asking price, with winter listings not far behind at 17.5 %. While 48.0 percent of homes listed in spring sold within 30 days, 46.2 percent of listing in winter did the same.”
The study continues on to suggest that:
“Buyers [in the winter] often need to move, so they are much less likely to make a low offer and they’ll often want to close ASAP — two things that can make the sale much smoother.”
If you are debating listing your Adams County home for sale in 2020, remember that the spring is when most other homeowners will decide to sell their homes also. Selling your home this winter will help ensure that you have the absolute best exposure to the serious buyers who are searching now!
The report used the seasons to determine which season the listing date fell into (Winter: Dec. 21 – Mar. 20; Spring: Mar. 21 – June 20; Summer: June 21 – Sept 21; Autumn: Sept 21 – Dec. 20).
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In less than 5 years, Realty Solutions Group is among the top independent brokerage firms in S/E Wisconsin.
As a locally-owned, independent company, Realty Solutions Group is deeply committed to supporting the communities and clients we serve. We are constantly evolving, but remain focused on that one simple idea behind our founding.
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