Low inventory = less competition
Since spring is the most popular home-selling season, the housing market is ultracrowded with options at that time of year. ... But in the winter, there are fewer homes for sale. That competition over low inventory can make winter an ideal time to sell your home.
Agents ranked March as the best time of year to sell a house, with April and May close behind. November and December tied for the worst time to sell a house. Overall, top real estate agents say Spring is likely the best time to sell homes.
Homes Sell In Winter And Yours Can Too
If you are in the mood to sell your house, doing so in winter can actually lead to really great results. January turns out to be a fantastic time to list your house, and winter in general is coming to be accepted as as good a time as any – and better than some – for selling.
Tips for Selling in the Winter
When is the best month to sell a house? The best month to sell a house is June, though May is a close second, according to a May 2020 report from real estate research firm ATTOM Data Solutions.
Though prices and competition are lower in the winter, so is inventory, in most areas. Because there are fewer homes on the market, buyers may have a harder time finding the home that satisfies their entire wish list. As the weather warms, homes begin hitting the market.
Timing can be everything when it comes to selling your house. According to a report by ATTOM Data Solutions, home sellers reported the highest seller premiums during May and June. The worst times of year to sell real estate were October and December.
How to Sell My House Fast
Winter 2018/2019 (Dec. ... Note, winter has the smallest share of home sales of any season, but it's likely because there are fewer homes on the market, which can mean less competition for sellers.
Selling your home during an off-peak season is never ideal. However, if you know your market well, even in January, you still can sell your home at a competitive price.
Best Months to Buy a Home: January & February
I have found that in my 21 years of selling real estate, February is one of my largest income-producing months. This is absolutely a result of selling more homes in January.
Fewer homes for sale in the winter equals less competition
Spring and summer are prime seasons for buying or selling and many homeowners wait until this time to list their homes for sale. Postponing the sale of your home until spring could result in greater competition due to a larger pool of available properties.
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