Should You Sell Your Home in the Winter?

As you thinking about making a move and wondering if winter is a good or bad time to sell? If your current living situation no longer meets your needs (or wants), and if you want to remedy that soon, then give some serious thought to moving during the winter! 

Here are three reasons you may want to consider selling soon

1. Get One Step Ahead of Other Sellers

In general, homeowners are less likely to list their houses toward the end of the year. That’s because people get busy around the holidays and deprioritize selling their house until the start of the new year when their schedules and social calendars calm down.

Selling now, while other homeowners may hold off until after the holidays, can help your house stand out, putting you ahead of any competition.

2. Get in Front of Serious Buyers

Even though housing supply has increased a bit this year as buyer demand has moderated, it’s still low overall. That means there aren’t enough homes on the market today, especially as millennials reach their peak homebuying years. 

Serious buyers will still be looking this winter and your house may be exactly what they’re searching for. If you list your house now, you’ll be able to get in front of the eager buyers who are hoping to make a move before the year ends. The majority of the "looky-loos" who just like to hit open houses, or who present low-ball offers, will be busy with the demands of the holidays.

3. Get a Great Chance To Move Up

Today’s homeowners have record amounts of equity.  According to CoreLogic the average amount of equity per mortgage holder has climbed to almost $300,000. Yes, an average of $300,000! That’s an all-time high. That means the equity you have in your house right now could cover some, if not all, of the down payment on the home of your dreams.  And we know that the more money you put down, the better an offer looks to a seller!

Bottom Line

If you’re thinking about selling your house, don’t delay your plans just because the cold is here and the holidays are looming. Get in touch and we'll get the ball rolling for you!