A recent report of exceeding 7 million home sales over the past four years showed that the season in which a home is listed may be able to shed some light on the possibility that the house will sell for more than asking price, as well as how quickly the sale will close.
It’s not surprising that listing a home for sale during the spring saw the biggest return, as the spring is almost always the craziest time of year for real estate. What is amazing, though, is that listing during the winter came in second!
“Among springtime listings, 18.7 % of listings got above asking, with winter months listings not far behind at 17.5 percent. While 48.0 percent of homes listed in spring sold within thirty, 46.2 percent of homes in winter did the same.”
The research goes on to say that:
“Buyers [in the winter] sometimes need to move, so they are much less likely to make a lowball offer and they’ll often want to close fast — two things that may make the transaction much easier.”
Bottom Line
If you are thinking about listing your Vernon County home for sale in 2020, remember that the spring is when most other homeowners will choose to list their homes also. Listing your property this winter will help ensure that you have the absolute 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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