A recent report of exceeding 7 million property 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 property will sell for more than asking price, as well as how soon the sale will close.
It’s no surprise that listing a home for sale during the March, April and May saw the largest return, as the spring is almost always the busiest time of year for real estate. What is surprising, though, is that listing during the winter came in second!
“Of spring listings, 18.7 percent of listings fetched above asking, with winter months listings not far behind at 17.5 %. While 48.0 percent of properties listed in spring sold within 30 days, 46.2 percent of listing in winter did the same.”
The research continues on to say that:
“Buyers [in the winter] sometimes need to move, so they are much less likely to make a lowball offer and they’ll often want to close quickly — two things that may make the sale much easier.”
If you are thinking about listing your Ashland County home for sale in 2020, remember that the spring is when most other sellers will choose to sell their homes also. Listing your home this winter will help ensure that you have the absolute best exposure to the serious buyers who are searching now!
The study used the astronomical seasons to figure out 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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