Why Should You List Your Home During the Winter?

Winter is a great time to list your home for a number of reasons. Statistics actually show that homes sell faster and for more money now than any other time of year. I’ll tell you why today. 

Winter is a great time to list your home. Don’t believe me? Consider the following statistics: 

Homes listed in the winter are 9% more likely to sell than homes listed during other seasons, and they sell one to two weeks faster. Homes also sell for 3% more money during the winter than at any other time of the year. 

Homes sell for 3% more money during the winter.

If you find those statistics surprising, you’re not alone. Most people think they should wait to sell during the spring and summer because there are more buyers in the market, but the numbers show that waiting is not the best decision. 

It’s true that there are fewer buyers in the market during the winter. However, a lot of those buyers are getting relocated to a new job. They need to be in a new home by January 1st. 

Other buyers are looking to take advantage of lower mortgage interest rates. Historically, interest rates are lower at the end of the year and tend rise during the spring and summer months. 

Either way, winter buyers tend to be more serious about purchasing a home. If you wait for spring to put your home on the market, you will miss out on those highly motivated buyers. You will also face more competition as more homes come on the market. 

Ultimately, there are many advantages to listing your home during the winter. If you have any questions, give me a call or send me an email. I would be happy to help you! If you are a buyer I have some great tips for you on how to put together an offer that will give you an advantage over other buyers.