A recent report of greater than seven million real estate sales over the past many years showed that the season in which a home is listed may be able to shed some light on the likelihood that the house will close 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 best return, as the March, April and May is usually the busiest time of year for home sales. What is surprising, though, is that selling during the winter months came in second!
“Among springtime 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 spring sold within 30 days, 46.2 percent of homes in winter did the same.”
The study continues on to say that:
“Buyers [in the winter] sometimes need to move, so they are much less likely to make a lowball offer and they’ll often want to close quickly — 2 things that can make the transaction much easier.”
If you are thinking about listing your Green Lake County home for sale in 2020, keep in mind that the spring months is when most other homeowners will decide to list their homes as well. Selling your home this winter will ensure that you have the best exposure 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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