Did you know, the likelihood of selling a home in winter is better than at any other time the year? They sell faster and for MORE THAN asking price (according to a study).
More homes sell in spring than in winter, according to the NAR. No surprise there.
Unfortunately, this is where the media usually stops when they write about selling a home in winter. What they neglect to state is although home sales can be down in the winter, …the likelihood of selling a home in winter is better than at any other time of the year, they sell faster and for more than asking price according to a Redfin study.
Winter buyers are highly motivated to buy
Think about it: Especially in frigid winter areas, to trudge around town looking at homes for sale takes a certain level of motivation.
It turns out that the rate of job transfers is quite high in the early part of the year. This winter, however, the pandemic-caused migration may still be underway. Those are two groups of highly motivated homebuyers.
You will do well to sell this winter.
Inventory is even lower
Our squeaky tight inventory of homes for sale doesn’t appear to be loosening up. When winter hits and sellers take their homes off the market, the competition will dwindle even more.
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