A recent study of exceeding 7 million property sales over the past many years demonstrated that the season in which a property is listed may be able to shine some light on the possibility that the house will sell for more than asking sales price, as well as how soon the sale will occur.
It’s not surprising that listing a house for sale during the March, April and May saw the biggest return, as the spring is traditionally the craziest season for home sales. What is amazing, though, is that selling during the winter came in 2nd!
“Of springtime listings, 18.7 percent of houses fetched 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 thirty, 46.2 percent of listing in winter did the same.”
The study continues on to suggest 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 transaction much smoother.”
Bottom Line
If you are thinking about listing your Oneida County home for sale in 2020, keep in mind that the spring is when most other sellers will choose to sell their homes as well. Listing your home this winter will help ensure that you have the best exposure to the serious buyers who are out looking now!
The study 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).
Realty Solutions Group was built around a simple but elusive concept: provide brokers and clients with the highest level of service in the industry through cutting-edge sales, marketing programs and a culture that values innovation, relationships and a strong local focus.
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.
We are a full service brokerage with discounted commissions. We offer no long term listing contracts, a Performance Guarantee, Smart Seller Program and a Communication Guarantee. Contact us today and let us provide you with the very best real estate experience.
