A recent report of beyond seven million real estate sales over the past four years demonstrated that the season in which a property is listed may be able to shine some light on the chances that the house will close for more than asking sales price, as well as how soon the sale will occur.
It’s no surprise that listing a house for sale during the March, April and May saw the biggest return, as the spring is almost always the busiest time of year for home sales. What is amazing, though, is that listing during the winter came in 2nd!
“Among spring listings, 18.7 percent of houses fetched above asking price, 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 thirty, 46.2 percent of listing 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 low offer and they’ll often want to close fast — two things that may make the sale much easier.”
Bottom Line
If you are thinking about listing your Jefferson County home for sale in 2020, keep in mind that the spring is when most other sellers will decide to sell their houses also. Selling your home this winter will ensure that you have the absolute best visability to the serious buyers who are out looking 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).
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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.
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