Around this time of year, many start thinking that the real estate market slows way down and there is no point to having a home on the market. Well, in our market, we do see a seasonality to real estate. However, the dip in transactions has far more to do with fewer homes on the market than it does with not having enough buyers.
In a normal year, you will have less buyers in November and December. Your home will also have much less competition. This year is not normal. That is.... the inventory is so low and has been for months that there have been people looking since the middle of summer and just keep missing out on property. Then, you still have buyers coming on the market right now and you have less and less competition.
Admittedly, listing a home during the holidays may be an inconvenience that you don't want to endure. And, if that is the reason you decide not to list right now, it is understandable. Just don't buy into the myth that you can't sell your home for full market price at this time of year.
I listed a home less than 30 days ago. We basically had not showings for a week due to Thanksgiving. It is now under contract. AND, when it closes, it will be the highest sale in the subdivision in over a year. (for those that think you have to deeply discount the price to get things sold quickly)
So, to answer your question... no, now is not a 'good' time to sell your home. It is actually a GREAT time to sell your home.
Admittedly, listing a home during the holidays may be an inconvenience that you don't want to endure. And, if that is the reason you decide not to list right now, it is understandable. Just don't buy into the myth that you can't sell your home for full market price at this time of year.
In a normal year, you will have less buyers in November and December. Your home will also have much less competition. This year is not normal. That is.... the inventory is so low and has been for months that there have been people looking since the middle of summer and just keep missing out on property. Then, you still have buyers coming on the market right now and you have less and less competition.
Admittedly, listing a home during the holidays may be an inconvenience that you don't want to endure. And, if that is the reason you decide not to list right now, it is understandable. Just don't buy into the myth that you can't sell your home for full market price at this time of year.
I listed a home less than 30 days ago. We basically had not showings for a week due to Thanksgiving. It is now under contract. AND, when it closes, it will be the highest sale in the subdivision in over a year. (for those that think you have to deeply discount the price to get things sold quickly)
So, to answer your question... no, now is not a 'good' time to sell your home. It is actually a GREAT time to sell your home.
Admittedly, listing a home during the holidays may be an inconvenience that you don't want to endure. And, if that is the reason you decide not to list right now, it is understandable. Just don't buy into the myth that you can't sell your home for full market price at this time of year.
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