Is NOW a Good Time To Sell Your Iron County Home?

First of all I hope that those holiday preparations are well advanced and everything is set for some great family times ahead in the next few days.

If you've been thinking about selling your home, but have put the decision off until the New Year, I've been tracking some important information about our local real estate market that I felt couldn't wait until 2017 before I passed it on to you.

Our multiple listing service (MLS) provides me with a daily market overview and I've noticed something really significant with inventory of available homes for sale right now.

While there's always a traditional fall off in numbers as the holidays approach, active listings (the red line) are at the lowest level we've seen in well over a year.

At the same time, however, sales are holding steady right now. This may even surprise you, because it is a total myth that people aren't interested in buying at this time of the year. Unfortunately many sellers subscribe to this view and temporarily leave the market at a time when it would highly benefit them to maintain the listing.

What this means is that, right now, there's a fantastic opportunity out there with buyers still extremely keen to purchase asap and a reducing supply of homes for them to choose from. So there's less competition among sellers and much better potential for a more robust asking price.

Why lose this some of this advantage when other sellers wake up to this good news in the first few weeks of the New Year?

Contact us today for an informal discussion of what best to do in your individual situation.

Happy Holidays