The #1 Reason to Not Wait Until Spring to Sell Your House in Jacksonville Fl
Many sellers believe that spring is the best time to place their homes on the market. Most believe buyer demand traditionally increases during that time of year. What most sellers don’t realize is if every homeowner believes the same thing, that is when they will have the most competition!
The #1 Reason to List Your Home in the Winter Months is Less Competition!
Housing supply traditionally shrinks at this time of year, so the choices buyers have will be limited. The chart below was created using the months’ supply of listings from the National Association of Realtors.
As you can see, the ‘sweet spot’ to list your home for the most exposure naturally occurs in the late fall and winter months. November through February is full of holidays, family time, and vacations. If someone is actively searching and viewing properties at this time of year the chances of them being a “Serious Buyer” is very high!
Temperatures aren’t the only thing that heats up in the spring here is cities like Jacksonville and St Augustine, – so do listings! As you can see below, the numbers dramatically increase.
In 2017, listings increased by nearly half a million houses from December to June. Don’t wait for these listings to come to market before you decide to list your house.
Added Bonus: Serious Buyers Are Out in the Winter
At this time of year, only those purchasers who are serious about buying a home will be in the marketplace. You and your family will not be bothered and inconvenienced by mere ‘lookers as much. The lookers are at the mall or online doing their holiday shopping.
If you have been debating whether or not to sell your home, live in Northeast Florida, and are curious about market conditions in your area, let’s get together to help you decide the best time to list your house for sale. I think you may understand even more now when I say, your time (of year) is valuable.