Tuesday, November 21, 2017

Should You List Your Home Now or Wait Until Spring?

If you list your home in the first quarter, you’ll face much less competition because supply is lower during that time.
Selling your home? Get a home value report here
When should you list your house? Should you wait until the traditional spring market or try it now?

I’ve covered this topic before, but it’s always good to get a refresher—my favorite time to list a home is in the first quarter.

I can imagine what you’re thinking right now: “Andy, there’s snow on the ground. It’s really cold. Who the heck is looking at homes in the first quarter in the Connecticut real estate market?”

“    

There is always an undercurrent
of people looking for homes.


Believe it or not, there is always an undercurrent of people looking for homes.

We’re much more transient than we used to be. Statistically, if you look back 15 to 20 years, you’d absolutely see massive peaks and valleys throughout the traditional spring and early summer sale and closing market.

Those peaks and alleys are still there, but they’re much less pronounced. The reason the first quarter is my favorite time to list is there is less supply, which means you’ll be competing against fewer people.

If you have any other questions about the best time to sell your home or you’re curious about what’s happening in our Connecticut market, don’t hesitate to reach out to me. I’d be happy to help.