A recent report of more than seven million property sales over the past four years demonstrated that the time of year in which a property is listed may be able to shine some light on the likelihood that the home will close for more than asking sales price, as well as how soon the sale will close.
It’s no surprise that listing a home for sale during the spring months saw the biggest return, as the spring is almost always the craziest season for home sales. What is amazing, though, is that listing during the winter came in 2nd!
“Of springtime listings, 18.7 % of listings got above asking, with winter months listings not far behind at 17.5 percent. While 48.0 percent of homes listed in in the spring months sold within thirty, 46.2 percent of listing in winter did the same.”
The research goes on to say that:
“Buyers [in the winter] often need to move, so they’re much less likely to make a lowball offer and they’ll often want to close fast — 2 things that can make the sale much easier.”
If you are thinking about listing your Dodge County home for sale in 2020, keep in mind that the spring months is when most other homeowners will choose to list their houses also. Selling your property this winter will help ensure that you have the absolute best exposure to the serious buyers who are out looking 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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