A recent study of over seven million home sales over the past many years concluded 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 quickly the sale will occur.
It’s not surprising that listing a home for sale during the March, April and May saw the largest return, as the March, April and May is almost always the busiest season for home sales. What is surprising, though, is that selling during the winter came in 2nd!
“Among springtime listings, 18.7 % of listings got above asking price, with winter months listings not far behind at 17.5 percent. While 48.0 percent of properties listed in spring sold within thirty, 46.2 percent of homes in winter did the same.”
The research 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 — two things that can make the transaction much easier.”
If you are thinking about listing your Polk County home for sale in 2020, remember that the spring is when most other homeowners will choose to sell their homes also. Selling your property this winter will help ensure that you have the absolute best exposure to the serious buyers who are searching 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).
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