When home inventory levels dip buyers want more house choices; this is exactly when you should list your home for sale.
Many sellers believe Spring is the best time to put their homes on the market because buyer demand traditionally increases at that time of year. What they don’t realize is if every homeowner believes the same thing, then that’s when they’ll have the most competition.
Beating Out the Competition
So, what’s the #1 reason to list your home this winter? Less competition. In this blog post, I’ve outlined five strong reasons why selling a home in Delaware during this time of year helps you beat the competition.
Housing supply traditionally shrinks at this time of year, so the choices buyers have will be limited. The chart below was created using the months supply of listings from the National Association of Realtors. As you can see, the ‘sweet spot’ to list your house for the most exposure naturally occurs in the late fall and winter months (November – January).
Temperatures aren’t the only thing that heats up in the spring – so do listings! In 2018, listings increased from December to May. Don’t wait for these listings and the competition that comes with them to come to the market before you decide to list your house.
Added Bonus: Serious Buyers Are Out in the Winter
At this time of year, purchasers who are serious about buying a home will be in the marketplace. You and your family will not be bothered and inconvenienced by mere ‘lookers.’ The lookers are at the mall or online doing their holiday shopping. Watch my short video about why I believe President’s Day weekend in February is the ultimate time to have your home on the market.
Source: Keeping Current Matters, http://bit.ly/2O2tXzW
If you’ve been debating whether or not to sell your house and are curious about market conditions in your area, let’s get together to determine the best time to list your house. Reach out to schedule an appointment. We’re happy to discuss all your options.