Many homeowners that I talk to believe that the spring is the best time to put their home on the market. They believe that buyer demand increases during that time of year. While this is a common misconception, everyone tends to believe that spring is the best time to sell; when the market is loaded with new homes being listed daily.
So what's the #1 reason to list your home this winter? LESS COMPETITION.
Less competition. Plain and simple. According to the National Association of Realtors, housing supply shrinks this time of year, limiting the choices that buyers have. It creates what I call "the sweet spot". The sweet spot to list your home and gain the most exposure is in the late fall and winter months when home listings are at the lowest (November - January).
If you wait for spring when the temperatures heat up, the market will too. Your home's exposure will drop significantly due to competition in the spring. Your buyers may not even remember your home during this time because they are flooded with more and more options to choose from.
SERIOUS Buyers Are Out In The Winter
This time of year, buyers are still looking for their dream home and those "looky-lou's" will be out holiday shopping instead of wasting your time. Gwen Co just completed repairs on a home in Maryland Heights that went on the market late in the season. It sold in 3 days with a full priced offer, even with snow on the ground (at the time). The market is still essentially HOT.
Time To Shape It Up
Regardless if you have been debating on putting your home on the market, now is the time to get your home "in shape" so when you do decide to pull the trigger, you are ready.
Maybe you have some lingering home improvement projects that were never completed. Maybe your home just needs a little updating here and there, or maybe it's time to redo that kitchen and bathroom to maximize your home's resale value. Maybe you just need a fresh coat of paint on the walls - whatever your list looks like, we can help you revitalize your home to make it more attractive to potential buyers. Check out our blog post: Do These 10 Things Before Putting Your Home on the Market.
Gwen Co partnered with some of the top producing real estate professionals in the area who represent buyers and sellers and can provide a free no obligation consultation to answer questions like, "How much can I sell my home for?"
The beginning of this exciting process starts with a phone call.
314-882-6614 (text capable)
Owner, Gwen Co, LLC
"Everything you love is under that roof."