A recent report of greater than seven million property sales over the past four years revealed that the time of year in which a home is listed may be able to shed some light on the chances that the house will sell for more than asking sales price, as well as how quickly the sale will occur.
It’s no surprise that listing a home for sale during the spring saw the largest return, as the March, April and May is almost always the busiest season for real estate. What is amazing, though, is that selling during the winter came in 2nd!
“Among springtime listings, 18.7 % of listings fetched above asking, with winter listings not far behind at 17.5 %. While 48.0 percent of properties listed in spring sold within thirty, 46.2 percent of homes in winter did the same.”
The study continues on to suggest that:
“Buyers [in the winter] sometimes need to move, so they’re much less likely to make a lowball offer and they’ll often want to close quickly — two things that can make the transaction much smoother.”
If you are debating listing your Rock County home for sale in 2020, remember that the spring is when most other sellers will decide to sell their houses also. Listing your property this winter will ensure that you have the best visability to the serious buyers who are searching now!
The report used the 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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