The Advantages Of Selling Your Home During The Holidays

First of all, the biggest advantage of selling your home during the winter is low housing inventory. Generally, most would-be sellers tend to wait until the spring to list their home for sale. Many sellers believe they can get more money if they wait until the spring, since there will be more buyer demand. However, since there are typically few homes on the market during the winter months, sellers will face less competition during this time compared to the spring, where there are typically many more homes on the market. Less inventory means buyers have less homes to choose from, which could translate into a lucrative sale in a shorter period of time.  

 

 

Another important reason why the holiday season may be a good time to sell is because there are more serious buyers. Buyers that are looking for a new home during the winter months are most likely serious about making a move, and not just browsing. Those that attend open houses or book private tours during the winter are not doing so for fun or out of curiosity, but probably because they are serious about buying. For many reasons, buyers may be looking to purchase during the winter in order to meet an end of year deadline, since they have already sold their home, or because of family or personal matters. Overall, there may be less eyes on your home during the winter, but those that are looking will no doubt be more serious about actually buying.

 

 

The third reason why selling your home during the winter may be a good idea is because of the festive decorations. Homes that are decorated for the holidays tend to give off a warm, inviting, and cozy feeling. By adding extra charm to your home, buyers may become more emotionally attached to your home. A home that is well decorated for the holidays will show better and help potential buyers envision their family living in the home. Also, the neighborhood  and surrounding community may also leave a good impression on potential buyers when they are dressed up with festive lights, trees, and decor.   

 

 

Many sellers fear that their home will sit on the market unsold if they list in the winter, or that they would face a lower selling price. While it is true that December is one of the slowest months for real estate, there are clear advantages for sellers if they decide to list during the winter. March to July are typically the busiest months in the real estate market, but they are not always the best months to sell your home. If you are looking to sell and are unsure about when the best time is to do so, reach out to me today for expert guidance.