Advantages of selling your home in the winter!

Dated: 12/02/2019

Views: 111

Most folks think that's a slow part of the year for real estate. But winter can actually be a great time to sell your home for two reasons.

Reason No. 1 is that there is less competition. 

Fewer homes are listed in winter than in spring (38% more listings) and summer (13% more listings). That's part of the reason why winter has the reputation of being a sleepy season for real estate.

However, the lower number of homes on the market also means it's easier to attract the attention of buyers. It's simply the law of supply and demand. 

Reason No. 2 is that buyers in the winter have more urgency.

Yes, fewer buyers look at homes in the winter months, but for various reasons, winter buyers tend to be more dedicated and serious than typical buyers in spring or summer.

Perhaps they've been looking for months without success. Perhaps they have a job relocation (which are most common in January and February), and absolutely need to move. Perhaps they've received a healthy end-of-year bonus that allows them to finally buy their dream home.

Whatever the specific reasons might be, the conclusion is clear:  

Winter is a great time to list your home. Don't just take my word for it.

Industry Experts have conducted a massive study on the matter. They found that winter is only slightly behind spring as the best season to list your home if you care about selling above your listing price and selling within 30 days.

An earlier study even showed that winter sellers net more above asking price than spring sellers and homes listed in winter sold faster than those posted until spring.

So if you have been mulling around the idea of selling your home, then this winter might be the time to act.

If you’re just curious, you can get an idea of what your home might fetch in the current market based on recent Myrtle Beach sales:

Enter your home address here to find out what your home is currently worth

If you are ready to get the ball rolling, give me a call at 843-603-5552. I can point out the most common mistakes around pricing and showing your home during the winter. If you avoid these mistakes, you’ll have a great shot at selling quickly and for top dollar.

Blog author image

Wayne Gaddy

Experienced Real Estate Broker/REALTOR® Licensed since 2003 specializing in the Listing and Purchase of Residential Homes, Condos, Vacation Homes, New Homes and Investment Property. A Realtor® who h....

Latest Blog Posts

Golfcarts at the Beach, what are the rules?

Not just for golf anymore! So you have noticed many golf carts around town and down close to the beach. They are very popular for our coastal shoreline residents who use them for a trip down to the

Read More

Allegiant Airlines adds new flights to MYRTLE BEACH

New LOW COST flights are being added by Allegiant Airlines said the lowcost airline today. It's added new Wednesday and Saturday service from these 3 locations to Myrtle Beach (MYR) Providence,

Read More

Buying a home anywhere in Horry County: WORRIED ABOUT FLOODING?

When buying a home in #conway or #myrtlebeach or any coastal area, educate yourself about flooding and how they may impact different areas or homes you may be considering. Always ask your REALTOR;

Read More

There’s a Long Line of Buyers Waiting for Your House

There’s a Long Line of Buyers Waiting for Your HouseIf you’re following what’s happening in the housing market right now, you know that many people believe the winter months

Read More