A recent report of more than 7 million property sales over the past many years demonstrated that the time of year in which a property is listed may be able to shine some light on the chances that the property will sell for more than asking price, as well as how fast the sale will occur.
It’s not surprising that listing a home for sale during the March, April and May saw the largest return, as the March, April and May is almost always the busiest season for real estate. What is amazing, though, is that selling during the winter months came in second!
“Of spring listings, 18.7 % of homes got above asking price, with winter months listings not far behind at 17.5 %. 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 research goes on to say that:
“Buyers [in the winter] often need to move, so they are much less likely to make a low offer and they’ll often want to close fast — two things that may make the transaction much easier.”
If you are thinking about listing your Green County home for sale in 2020, remember that the spring months is when most other homeowners will choose to list their houses also. Listing your property this winter will help ensure that you have the best visability to the serious buyers who are out looking now!
The report used the 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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