When is the Best Time to Sell?
If you are thinking about selling but plan to wait until spring – you may want to reconsider. Redfin (an online real estate company) analyzed 7 million home sales over the past 4 years and divided the data into 4 seasons. They evaluated which season was best for listing a home according to the 2 most common goals for sellers; selling over list price and in the shortest time. Spring was the best time to list a home, but just barely. And surprisingly, winter came in a close second.
“Among spring listings, 18.7 percent of homes fetched above asking, with winter listings not far behind at 17.5 percent. While 48.0 percent of homes listed in spring sold within 30 days, 46.2 percent of homes in winter did the same.”
If you plan to sell, hibernating until spring may not be in your best interest. Contact me if you want to find out how to take advantage of getting a jump on the selling season! 603-526-4116, Donna@DonnaForest.com, www.DonnaForest.com