A recent report of greater than 7 million real estate sales over the past many years concluded that the time of year in which a home is listed may be able to shed some light on the chances that the property will close for more than asking sales price, as well as how soon the sale will close.
It’s no surprise that listing a home for sale during the spring months 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 came in 2nd!
“Among spring listings, 18.7 % of houses got above asking, 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 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 low offer and they’ll often want to close quickly — 2 things that can make the sale much easier.”
If you are debating listing your La Crosse County home for sale in 2020, remember that the spring is when most other sellers will decide to sell their houses as well. Selling your home this winter will ensure that you have the absolute best exposure to the serious buyers who are searching now!
The study 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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