Realtor - Amanda S. Davidson

Should I List My Home In The Winter Or Wait Until Spring?

Is The Winter A Good Time To List My Home

 

A question I frequently receive this time of year from sellers is should I list my home now or wait until spring. My answer is it depends – the decision should be based on your personal circumstances and what the current market conditions are in the area your home is located.

 

There are a lot of sellers that think waiting until spring is best but, if you know you want to sell in the spring it is a good idea to contact your agent now and find out what the local market conditions are in your area.

 

What if very few homes are for sale? It’s proven that when there’s less of something available it sells for more money and homes are no exception.

 

The myth that homes don’t sell during the winter seems to continue and the truth is that’s just not accurate. Real estate doesn’t stop during the winter. I think because in our area it gets cold and people spend more time inside it causes sellers to think that it’s not a good time to sell. This just isn’t accurate and it may even be easier to sell between January – March than it is in June – August.

Should I List My Home In The Winter? 

Things To Consider When Selling Your Home In The Winter

If you are going to sell your house, listing in the winter can lead to favorable results. The holidays are over and life isn’t as busy as it was for the last month giving you a little more time to decide when to list your home for sale. Before you decide to list your home in the winter there are a couple of things to consider.

 

Inventory Is Often Lower In The Winter

Let’s think about how many sellers wait until spring to list. More homes on the market equates to more competition for your home. Inventory in Kingstowne and many other areas in Alexandria is extremely low right now. Fewer homes for buyers to choose from plays in your favor.

 

Homes that are listed in the winter often sell quickly and for an excellent price; all of which are factors to consider when determining if you want to list before April. All markets are local but, speaking on Kingstowne I have found listing just before the spring rush is a great time to sell.

 

Many sellers are convinced that winter is a bad time to sell and that impacts how many homes are on the market. There are also homes that never sold during the summer and even the fall that have been pulled from the market with the intent to be relisted. Some even state in the remarks they’ll be relisted in the spring.

 

Our MLS requires a home to be off the market for 90 days before the days on the market will reset and the majority of the sellers who withdrew their home will wait for the 90 days to pass to reset the days on the market.

Should I List My Home During The Winter 

Buyers Are Motivated In The Winter

Keeping the cold temperatures in mind and the overall decline in activity that comes with winter in our area – buyers who are out and about looking for a home during the winter are more motivated than many of the buyers who are out on a beautiful and warm spring day.

Buyers are working with their own agent and they know that winter isn’t the most popular time for home sales but, yet there’s a reason they’re still out looking. Maybe they’re relocating, they may be motivated by the recent decrease in interest rates, and they may have a life change that causes them to need a bigger or a smaller home. There’s an endless list of reasons they could be out looking but, it’s safe to say a nice day to cruise around and enjoy the beautiful weather isn’t one of them. They are serious about purchasing a home.

 

It Gets Dark Early In The Winter

You might be thinking what the heck does that have to do with selling my home. Once it gets dark it’s not a good time for a buyer to see a home. I’m not saying you won’t have some appointment requests after dark but, you’re far less likely to have late evening appointments during the winter than the spring and summer. When I’m representing a buyer I discourage showings after dark because without light you can’t truly see all of the home or get a feel for it.

Winter will provide you with a little more flexibility and peace of mind that you’ll be able to maintain your daily schedule, especially in the evenings than if you sell during the spring.

 

Corporate Relocation Peaks In January

Corporate transfers happen year round but, they peak in January. Buyers who are being transferred for work are not only on a set timeframe they’re also highly motivated. This won’t apply to markets where people don’t tend to be transferred to for work but, in our market, it’s definitely something to consider. The more buyers interested in your home the better, and knowing that January is the most popular month for corporate transfers can mean more potential buyers for your home.

 

Closing Thoughts

Real estate is local and every market varies so if you are trying to decide whether it’s best for you to sell your home during the winter or wait until spring you should consult with a local agent who has a proven successful track record selling homes in your area and who is someone you trust. Receiving the best advice based on your personal circumstances and local market conditions will ultimately help guide you on what decision is best for you.

 

 

 

Amanda Davidson Real Estate Group

 exp realty

 

 

      

 

AMANDA DAVIDSON  
l ASSOCIATE BROKER l  
l AMANDA DAVIDSON REAL ESTATE GROUP BROKERED BY eXp REALTY l

C  703.431.3755   |   O  703.988.3151  |   W  www.amandadavidson.com

A  20130 Lakeview Center Plaza #400 Ashburn, Va 20147




Comment balloon 49 commentsAmanda S. Davidson • January 28 2019 02:56AM
Should I List My Home In The Winter Or Wait Until Spring?
share
Is The Winter A Good Time To List My Home A question I frequently receive this time of year from sellers is should I list my home now or wait until spring. My answer is it depends – the decision should be based on your personal circumstances and… more
Kingstowne Home Sales December 2018 Market Update
share
Kingstowne Home Sales December 2018 Market Update Last week we shared our 2018 Kingstowne Market Review and it showed that last year was the year of the seller. Very little negotiation was taking place and days on the market remained low… more
What Is Dual Agency In Virginia?
share
What Is Dual Agency In Virginia? Before I start to get into dual agency I want to point out that this article is speaking only on being an agent in the state of Virginia. I’m not qualified to speak on any other state. Laws vary by state and this… more
Video Marketing Tool – Content Samurai
share
Video Marketing Tool – Content Samurai Video marketing is something we all know is very powerful but, not everyone likes to be on camera. Brian England asked how I made one of the videos in a previous blog and it gave me the idea to write a post in… more
Amazon Coming To Northern Virginia – What Does It Mean For Real…
share
Amazon Coming To Northern Virginia – What Does It Mean For Real Estate? Amazon, Amazon, Amazon, they’ve been the buzz word in Northern Virginia since they announced in November they’d be moving half of their 2nd headquarters to Crystal City… more
Kingstowne Home Sales Annual Market Review 2018
share
2018 Kingstowne Home Sales Market Review The tune of it being a seller’s market played in Kingstowne throughout 2018. Final numbers show that the number of homes sold remained fairly consistent, an increase of 16 from 2017. Sale prices were a… more
Final Walk Through – What Is It and Why Is It Important
share
Final Walk Through – What Is It and Why Is It Important There can frequently be confusion of what a final walk through is and why it’s important. A final walk through can also be referred to as a pre-closing inspection. The final walk through is… more
5 Signs It May Be Time To Move From Your Current Home
share
5 Signs It May Be Time To Move From Your Current Home Recent studies show that homeowners average about 9 years in their homes. There are varying reasons a homeowner decides it’s time to sell. Do you know the signs it may be time to move from… more
Sold in Ashburn Farm – Ashburn Virginia 20147
share
Sold in Ashburn Farm – Ashburn Virginia 20147 My buyers were relocating from out of state and a referral from a past client. I am so grateful I was able to have the opportunity to find their forever home. The Roy’s were prepared from day one and… more
2019 Has Arrived – Happy New Year!
share
2019 Has Arrived – Happy New Year! I wish all of you a happy and healthy New Year! The past is behind, learn from it. The future is ahead, prepare for it. The present is here, live it. ~Thomas S. Monson more