It’s December and with the whirl-wind of the holidays approaching, clients are asking me if they should list now or wait until the first of the year. Obviously we do not have a crystal ball answer, but based on my experience, I am advising as follows:
Why wait? True, there is a smaller pool of buyers during the colder months (think about those buyers who currently live in the North that cannot sell their homes because it is snowing) but even with fewer buyers, there is also fewer homes to chose from. The big factor being that tons of new inventory will be hitting the market in the early spring, and the best path to ensure a quick sale is to beat the rush.
Below is an interesting article from RIS Media’s House Call.
“The holidays are fast approaching, and if you’re considering selling your home, now is the perfect time to reassess your strategy for getting your property sold. With the colder temperatures and many people heading on vacation, it may seem like an inopportune moment to list your house, but that couldn’t be further from the truth.
Although it’s true that there are fewer buyers looking for a home at this time of year, the pros far outweigh the cons. There are less, yet far more serious buyers searching for homes in your market, and there is less competition with less homes on the market, and transactions happen far more quickly as there are less being processed.