Selling your home during the wintertime might actually be a better option than waiting until spring or summer. There are five main reasons for this.
Want to sell your home? Get a FREE home value report.
Want to buy a home? Search all homes for sale.
Should you try selling your home during the winter months?
The answer can depend on where you are specifically located, but there are five general advantages to selling in winter rather than waiting until the change in season:
- There is less competition from other sellers in winter. If everybody else has the same idea and wants to wait until spring or summer, why would you want to get stuck with that much more competition? As the flowers bloom, so do the other ‘For Sale’ signs around town.
- You won’t have to deal with as much foot traffic coming through your house for showings. There won’t be as many people looking at your house in person, but the ratio of buyers who are actually serious about buying is far higher. This means you won’t be inconvenienced as much as you would during the spring or summer months.
- Interest rates are still very low. As of right now, they’re hovering around 3.5%, which is insanely low. However, they won’t stay that way forever. In fact, they may not stay that way for much longer at all. As they begin to rise, the buyer pool begins to shrink.
- Buyers are far more serious this time of year. Remember—this is the time of year when employees are being transferred by their companies to new areas, and these people need a house soon.
- Homes show far better during the holidays. Who doesn’t like a good Christmas lights arrangement or a crackling fire?
Interest rates are low right now, and competition is soft.
If you have any more questions about this or any other real estate-related topic, please feel free to reach out to me by phone or email. I look forward to connecting with you soon!
