A recent report of more than 7 million real estate sales over the past many years concluded that the season in which a home is listed may be able to shed some light on the possibility that the home will sell for more than asking price, as well as how quickly the sale will close.
It’s not surprising that listing a house for sale during the spring saw the largest return, as the March, April and May is almost always the craziest season for home sales. What is surprising, though, is that listing during the winter months came in 2nd!
“Of spring listings, 18.7 % of homes got above asking, with winter listings not far behind at 17.5 percent. While 48.0 percent of homes listed in in the spring months sold within 30 days, 46.2 percent of homes in winter did the same.”
The research continues on to say that:
“Buyers [in the winter] often need to move, so they’re much less likely to make a low offer and they’ll often want to close quickly — two things that can make the sale much easier.”
If you are debating listing your Columbia County home for sale in 2020, remember that the spring months is when most other homeowners will decide to sell their houses also. Selling your property this winter will ensure that you have the best exposure to the serious buyers who are searching now!
The study 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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