A recent report of over seven million property sales over the past four years demonstrated that the time of year in which a property is listed may be able to shed some light on the likelihood that the house will sell for more than asking price, as well as how soon the sale will close.
It’s not surprising that listing a house for sale during the spring months saw the best return, as the spring is almost always the busiest season for real estate. What is surprising, though, is that listing during the winter came in second!
“Of spring listings, 18.7 percent of houses got 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 listing in winter did the same.”
The research goes on to say 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 — two things that can make the sale much easier.”
If you are debating listing your Shawano County home for sale in 2020, remember that the spring is when most other sellers will choose to sell their houses also. Listing your home this winter will ensure that you have the best visability to the serious buyers who are out looking 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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In less than 5 years, Realty Solutions Group is among the top independent brokerage firms in S/E Wisconsin.
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