Thinking of Selling Your House? This is a Perfect Time!

Dated: January 20 2020

Views: 116

It is common knowledge that a great number of homes sell during the spring buying season. For that reason, many homeowners hold off putting their homes on the market until then. The question is whether or not that is a good strategy this year.

The other listings that come out in the spring will represent increased competition to any seller. Do a greater number of homes actually come to the market during this season in comparison to the rest of the year? The National Association of Realtors (NAR) recently revealed the months during which most people listed their homes for sale in 2019. This graphic shows the results:

Thinking of Selling Your House? This is a Perfect Time! | Keeping Current Matters

The three months in the second quarter of the year (represented in red) are consistently the most popular months for sellers to list their homes on the market. Last year, the number of homes available for sale in January was 1,520,000.

That number spiked to 1,870,000 by May!

What does this mean to you?

With the national job situation improving and mortgage interest rates projected to rise later in the year, buyers are not waiting until the spring; they are out looking for homes right now.

Bottom Line

If you are looking to sell this year, waiting until the spring to list your home means you will have the greatest competition amongst buyers. Beat the rush of housing inventory that will enter the market and list your home today!

Blog author image

Michelle Meenach

Cincinnati’s Top 3% | Sr Sales Vice President | selling Fast for Top Dollar | from Neighborhood to Luxury, I'll help you find the Home you Love As your Realtor, I bring a breadth of experience and ....

Latest Blog Posts

March 2021 Shows Continued Growth into the Spring Market

March 2021 Shows Continued Growth into the Spring MarketMedian Price Up Over Prior Year for 23rd Straight Month!While March brought increased temperatures, home prices continued a record setting

Read More

PROTECTING YOUR PRODUCTIVITY WHEN YOU WORK FROM HOME

In January, nearly a quarter of working Americans worked from home, according to the U.S. Bureau of Labor Statistics (BLS).While there are many positives to working remotely, those with

Read More

Five Ways Waiting to Sell Can Cost You THOUSANDS!

There are many factors that come into play when deciding to sell a property... and timing is right up there at the top of the list!It's important to work with a real estate professional that cares

Read More

8 Reasons To Get A Home Inspection Before You Buy A House

This house is gorgeous – it’s just perfect for us! Is there anything I should know about that’s not working as it should?”We all recognize the emotions involved;

Read More