A recent report of over seven million property sales over the past four years concluded that the season in which a home is listed may be able to shed some light on the likelihood that the property will close for more than asking price, as well as how soon the sale will occur.
It’s not surprising that listing a house for sale during the spring saw the best return, as the March, April and May is almost always the craziest time of year for real estate. What is amazing, though, is that selling during the winter came in second!
“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 spring sold within thirty, 46.2 percent of homes in winter did the same.”
The research goes on to suggest that:
“Buyers [in the winter] often need to move, so they’re much less likely to make a lowball offer and they’ll often want to close ASAP — 2 things that can make the sale much smoother.”
If you are thinking about listing your Rusk County home for sale in 2020, keep in mind that the spring is when most other sellers will choose to sell their homes 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 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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