A recent study of over 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 chances 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 largest return, as the spring is usually the busiest season for home sales. What is surprising, though, is that listing during the winter months came in 2nd!
“Among springtime listings, 18.7 percent of homes fetched above asking price, 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 listing in winter did the same.”
The research goes on to say 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 ASAP — 2 things that can make the sale much smoother.”
If you are debating listing your Waushara County home for sale in 2020, keep in mind that the spring months is when most other sellers will choose to list their homes also. Listing your home this winter will help ensure that you have the best visability 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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