A recent report of more than 7 million property sales over the past several years concluded that the season in which a property is listed may be able to shine some light on the possibility that the property will close for more than asking sales price, as well as how soon the sale will occur.
It’s not surprising that listing a house for sale during the spring months saw the biggest return, as the March, April and May is almost always the busiest season for home sales. What is surprising, though, is that selling during the winter months came in 2nd!
“Of springtime listings, 18.7 percent of homes fetched above asking price, with winter listings not far behind at 17.5 percent. While 48.0 percent of properties listed in in the spring months sold within thirty, 46.2 percent of listing in winter did the same.”
The study goes on to say that:
“Buyers [in the winter] sometimes need to move, so they are much less likely to make a low offer and they’ll often want to close quickly — 2 things that can make the sale much easier.”
If you are debating listing your Brown County home for sale in 2020, keep in mind that the spring months is when most other sellers will choose to list their houses also. Selling your home this winter will help ensure that you have the best visability to the serious buyers who are searching now!
The study used the astronomical 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.
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