If you’re thinking of selling your home, the winter months are a great time to do it. In fact, we usually see many home sales happen during the winter, and there are a few reasons why.
First, there’s much less inventory than what you see during the spring, which is great for sellers. Low inventory means less competition and a better chance that you’ll close near your listing price. Additionally, since there are fewer homes available, more buyers will be interested in your home.
Second, buyers tend to be more serious in the winter. As we always say, only the real buyers come out when it’s 28 degrees. Most people don’t want to move this time of year, but there are plenty of reasons why they might have to. Perhaps they’re undergoing a divorce, or they’ve finally saved enough to purchase. Winter also means you won’t see any tire-kickers like you’d see during spring. You’ll have fewer showings with more motivated buyers.
Low inventory means less competition and a better chance that you’ll close near your listing price.
”Finally, January is the most common month for companies to start the relocation process for their employees. That’s another large wave of people needing to buy during winter.