A recent report of greater than seven million property sales over the past many years revealed that the season in which a property is listed may be able to shed some light on the chances that the house will close for more than asking sales price, as well as how soon the sale will occur.
It’s no surprise that listing a home for sale during the spring saw the best return, as the spring is usually the craziest time of year for home sales. What is amazing, though, is that listing during the winter came in second!
“Among springtime listings, 18.7 percent of houses got above asking price, with winter listings not far behind at 17.5 percent. While 48.0 percent of properties listed in in the spring months sold within thirty, 46.2 percent of homes in winter did the same.”
The study continues on to say that:
“Buyers [in the winter] often 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 sale much smoother.”
If you are thinking about listing your Wood County home for sale in 2020, keep in mind that the spring months is when most other sellers will choose to list their houses also. Selling your home this winter will ensure that you have the absolute best exposure to the serious buyers who are searching now!
The report 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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