A recent report of beyond 7 million home sales over the past several years demonstrated that the time of year in which a property is listed may be able to shed some light on the chances that the home will sell for more than asking sales price, as well as how fast the sale will close.
It’s not surprising that listing a home for sale during the spring saw the biggest return, as the March, April and May is almost always the craziest season for home sales. What is amazing, though, is that selling during the winter months came in second!
“Of springtime listings, 18.7 percent 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 research continues on to say that:
“Buyers [in the winter] often need to move, so they are much less likely to make a lowball offer and they’ll often want to close fast — two things that may make the sale much easier.”
If you are thinking about listing your Kewaunee County home for sale in 2020, keep in mind that the spring months is when most other homeowners will decide to sell their houses also. Selling your home this winter will ensure that you have the absolute best exposure to the serious buyers who are out looking now!
The report used the astronomical 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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