5 Reasons to Sell During Winter

Over the years we’ve been almost programmed to believe the very best time to sell a home is in spring and summer, but that’s not always the case. There are actually several benefits to selling during the winter months – check them out below!  

1.     Low inventory = less competition

Since spring is the most popular home-selling season, the housing market is more crowded with options at that time of year. And if you paid attention during high school economics, you understand the law of supply and demand. Most sellers still think they need to sell in the spring, but that means there is more competition for buyers’ attention, 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.

2.     You get to show your home’s winter-readiness

Selling in the winter also gives you the opportunity to show that a home is designed to handle the harsh elements. Plus, during winter months, homes with features like fireplaces and hot tubs are more appealing.

3.     Winter brings out the serious buyers

Not everyone looking at houses intends to make a purchase. Some people are contemplating moving and may just want to see what’s on the market. Since more homes tend to go on the market in spring and fall, this is also when window shoppers are likely to be out looking.

When buyers are looking for homes in January and February, they’re real buyers looking to make a purchase—especially if it’s a great house. They don’t want to take the chance of waiting until spring and losing out on the home.

4.     Year-end financial bonuses and payouts

Year-end performance reviews could mean that more people have money to spend on a home. End-of-year financial bonuses or workers retiring with large payouts could mean opportunities for these buyers to upgrade their living situations or for first-time buyers to enter the housing market.

5.     Corporate relocation

You could also encounter buyers who are moving for a job. One of the biggest months for corporate relocation is January/February, so those buyers who need to move quickly are out in full force looking for new homes

If you’re thinking of selling your home next spring or summer, it might be worth reconsidering and listing sooner. Competition is still quite fierce in Denver and inventory is still low. Contact Metrowest today – we’d love to discuss your options.