Real Estate

Listing your home in winter could mean more money

3 tips to sell in the winter

While spring is commonly known as the peak home-shopping season, there are still options for winter sellers to make their home a hot seller this winter. Per Time:

The article cited a Redfin report that found that average sellers net more above asking price during the months of December, January, February and March than they do from June through November, even in cold-weather cities.

So should you list?

The article recommends the following:

Check the number of days on the market for current and recently sold listings. If most are sitting for more than 60 days, it’s safer to wait until spring, when more buyers will emerge.

And if you do choose to list your home, the article outlines three strategies to help make your home a hot seller this winter.

Here is a peak at the first tip and be sure to check out the article for the rest.

1. Price it right

The quieter winter market brings special pricing considerations. Unlike in spring, when there are more shoppers—and it may make sense to price low to try to generate a bidding war—you’re less likely to receive multiple offers.

Winter is also a bad time to test the market and list high. If the house doesn’t sell, you may need to drop below market value to nab a buyer before new properties appear in spring and make yours look stale by comparison.

3d rendering of a row of luxury townhouses along a street

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