A recent study of exceeding seven million home sales over the past several years showed that the season in which a property is listed may be able to shed some light on the possibility that the home will close for more than asking sales price, as well as how soon the sale will close.
It’s not surprising that listing a house for sale during the spring saw the best return, as the spring is traditionally the craziest season for home sales. What is surprising, though, is that listing during the winter came in second!
“Among spring listings, 18.7 percent of listings fetched above asking, with winter months listings not far behind at 17.5 percent. While 48.0 percent of properties listed in spring sold within thirty, 46.2 percent of listing in winter did the same.”
The study 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 quickly — two things that can make the transaction much easier.”
If you are thinking about listing your Fond du Lac County home for sale in 2020, keep in mind that the spring is when most other sellers will choose to list their homes also. Selling your property this winter will help ensure that you have the best visability to the serious buyers who are out looking 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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