Some might think that spring or summer would be the best time to list your home as buyers’ interest is peaked but winter can be a great time to sell as well. With fewer houses on the market, more serious buyers, and people on the move there are many reasons to sell your home in the winter.
Serious buyers
Buyers in the winter are more serious than buyers in the spring or summer. Buyers in the warmer months might not be as motivated and are in the “just-looking” phase of their buying process. Most buyers in the winter are ready to move and since not many people like to move in the winter it might be a situation where they need to move.
Many people are moving
With many changes happening in the winter and with the new year, many people are on the move. Whether it is due to a growing family or a new job there are many reasons people might be needing a new home in the winter. January is a big month for new jobs when people are looking to start the year in a new place.
Less competition
With not as many people looking to sell in the winter months due to the colder weather, the competition will be less than in the summer months. Inventory falls around 20% in the winter. Less competition increases your chances of selling your home and also means you can get the price you want for your home.
Highlight winter features
What better time to show off how great your house is than in the winter when it is working at full speed. With the colder weather comes higher energy bills so you can show off some of the energy-efficient and cost-saving features that your house has to drive up buyers’ interests. This can be a great time to show off your fireplace or hot tub as well!
If you’re interested in selling your house this winter or just want to check out what options you have, reach out to one of our agents!