Several studies show that, on average, homes listed during this time are more likely to sell, sell more quickly, and sell closer to the asking price. Here are some of the reason why November is an ideal time to list your home.
Fewer Listings/Less Competition
Buyers usually have fewer homes to choose from over the holidays.
That means less competition for you and more buyers checking out
your home, either online or in person.
More Motivated Buyers
Buyers looking for a home in November/December, are usually highly motivated buyers.
The traditional barriers to winter house-hunting (bad weather, short days, school year,
holiday preparations) don't apply. If your house is available for them to view,
during this time, these buyers are more likely to make an offer close to listing price.
A house marketed in November may lure buyers looking for year-end tax breaks.
Buyers looking to lower their taxes may snatch up a home late in the year so they can
deduct home purchase costs. If someone sold a house during the traditional selling season
and faces capital gains tax on the deal, they may be highly motivated to buy by year end,
since closing on the purchase of another house may let them avoid paying capital gains tax.
The biggest months for corporate relocation are January and February.
Providing even more very motivated buyers wanting to move quickly and get settled.
If the above information has you thinking about listing, we want to offer you a Free Comparative Market Analysis for your home with no-obligation.
Give us a call and let us set up an appointment at your earliest convenience. And of course, feel free to call us if you have any other real estate needs.
We look forward to hearing from you.