A recent report of exceeding seven million home sales over the past many years concluded that the season in which a property is listed may be able to shed some light on the likelihood that the home will sell for more than asking price, as well as how soon the sale will occur.
It’s not surprising that listing a home for sale during the spring months saw the biggest return, as the March, April and May is traditionally the busiest time of year for real estate. What is surprising, though, is that selling during the winter months came in second!
“Of spring listings, 18.7 % of listings fetched above asking, with winter months listings not far behind at 17.5 percent. While 48.0 percent of properties listed in in the spring months sold within 30 days, 46.2 percent of listing in winter did the same.”
The research goes on to suggest 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 ASAP — two things that may make the sale much smoother.”
If you are thinking about listing your Door County home for sale in 2020, remember that the spring months is when most other sellers will decide to list their houses also. Selling your home this winter will ensure that you have the best exposure to the serious buyers who are searching now!
The report 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).
Realty Solutions Group was built around a simple but elusive concept: provide brokers and clients with the highest level of service in the industry through cutting-edge sales, marketing programs and a culture that values innovation, relationships and a strong local focus.
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.
We are a full service brokerage with discounted commissions. We offer no long term listing contracts, a Performance Guarantee, Smart Seller Program and a Communication Guarantee. Contact us today and let us provide you with the very best real estate experience.