Low inventory = less competition
In the winter, there are fewer homes for sale. Low inventory can make winter an ideal time to sell your home. This is an especially relevant point in the current very busy market conditions, with high buyer demand chasing relatively low supply levels of available properties.
You get to show your home's winter-readiness
Selling in the winter gives you the opportunity to show that a home is designed to handle the harsh elements. Plus, during the winter months, homes with features like fireplaces and hot tubs are certainly more appealing.
New parents may be looking to upgrade
The baby boom in September may lead to more buyers later in the year. According to data from the Center for Health Statistics and the Social Security Administration, there are more birthdays in the month of September than any other time of the year. Therefore, there's likely to be a crop of growing families looking to buy a larger house.
Winter brings out serious buyers
Since more homes tend to go on the market in spring and fall, this is also when window shoppers are likely to be out looking. However, these looky-loos tend to be scarce during winter months.
Positive buyer mindset
The holidays put all of us in a happier mood. Home buyers are no exception and are consequently more likely to make purchasing decisions. A well decorated home at this time of year plays to their emotions.
Year-end financial bonuses & payouts
End-of-year financial bonuses or workers retiring with large payouts could mean opportunities for these buyers to upgrade their living situations or for first-times buyers to enter the housing market.
Taxation benefits
Closing before year end can offer some very attractive taxation incentives.
Job relocation
The biggest months for relocation are January/February. These are buyers who need to move quickly as they typically have a limited amount of time to uproot their families.
If you've been considering selling give us a call or drop us an email. We're here to get your home SOLD!! 435.865.7600.
