We’ve all heard that Spring and Summer are the prime times to list and sell your home. As the seasons change many people decide to take their home off the market to wait for the stronger selling season to roll around.
Before you decide to wait out the cold seasons, there are a few key things you should consider:
- Taking your home off the market temporarily will not reset the count for Days on Market for your home. The Northwest Multiple Listing Service (NWMLS) keeps records of days on market, so when you re-list your home the old count will be added on to your new listing.
- Many people do unlist their properties in the Fall and Winter. This means the pool of homes available for buyers to choose from is smaller, meaning your home will stand out more than usual in these seasons if it remains listed.
- Fall and Winter are all about settling down and spending time with family. Nothing taps into this sentiment more than the idea of home. This time of year many people will have the realization that they want something more from their home; more space for holiday guests, less rooms to maintain because the kids have moved out, or a location that’s easier to handle in inclement weather.
- Seasonal trends are changing! In previous years we’d see a large dip in property sales in November and December – more recently however these months have not seen as much of a decline in sales, and in 2012 December sales were comparable with the sales we saw in April through July of that year. The graph below is comprised of data from the MLS concerning homes and condos sold in Kitsap County over the last several years, and it shows this growing trend of Winter home sales.
So don’t let the cold weather get you down! As the old saying goes there’s no time like the present, and right now the present looks promising.