A recent report of more than seven million property sales over the past several years demonstrated that the time of year in which a home is listed may be able to shed some light on the possibility that the property will close for more than asking sales price, as well as how fast the sale will close.
It’s no surprise that listing a home for sale during the spring saw the best return, as the March, April and May is almost always the busiest season for home sales. What is amazing, though, is that selling during the winter months came in second!
“Of spring listings, 18.7 percent of listings got above asking price, with winter months listings not far behind at 17.5 %. While 48.0 percent of homes listed in in the spring months sold within 30 days, 46.2 percent of homes in winter did the same.”
The research continues on to suggest that:
“Buyers [in the winter] sometimes need to move, so they’re much less likely to make a low offer and they’ll often want to close quickly — two things that may make the sale much smoother.”
If you are thinking about listing your Taylor County home for sale in 2020, remember that the spring months is when most other sellers will choose to list their houses also. Selling your home this winter will help ensure that you have the absolute best exposure to the serious buyers who are out looking now!
The report 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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