The Best Season To List Your Home
When listing your home there are a few simple things you can do to increase the chance of it being sold at the best price and get it sold quicker for you. When looking at all the different statistics like listings added vs. the average, days on the market vs. the median, percentage sold vs. the overall, and sale to original vs. the median. After analyzing all those different statistics it is clear that winter is the best season to put your house on the market and list it. More homes sell during the winter, sale prices are closer to the original asking price, and the time on the market is slightly shorter over spring.
The breaking down of the statistics of each season we will start with is the spring season. Spring is when nature is starting to brighten back up from being so dead from the harsh coldness of winter with all the snow and ice all over everything and don’t forget the bitter cold it gets in most parts. For spring the listings that is added compared to the average is above the average mark by 15.8%. The days properties sit on the market before sold are 14.6% shorter than the average sit time for properties. The percentages of properties sold compared to the average that are listed that are sold are below the line by 1.1%. The sale to the original price is seen being in the positive 0.7% compared to the average.
Summer the season where the sun is out and shining, it is hot and all you want to do is swim. This is also the most popular vacation season. The listing statistics for the season of summer are as follows. Listings added compared to the average number are in the positive by 4.1%. The days on the market compared to the median is in the positive by 11.8%. The percentage sold compared to the overall is in the negative by 5.1% the sale to the original compared to the average is in the negative by 1.1%.
Fall the season most call the prettiest time of the year. However, what about the sale of real estate? Are the statistics as pretty as the changing leaves? Listings added compared to the average number were in the negative by 10.0%. The days on the market compared to the median is in the positive by 15.8%. The percentage sold compared to the overall is in the positive by 1.6% with the sale to the original compared to the average is in the negative by 1.4%.
Winter is the season that in most regions are bitter cold, wet, snowy icy, and not fun to go out and enjoy unless there is enough snow to sled ride, ski, or just have a good old fashion snowball fight. You would not think of winter being the best month to sell a property but it actually is the best. The winter season, our top selling season, statistics breakdown is as follows. Listings added compared to the average number were in the negative by 9.9%. The days on the market compared to the median is in the negative by 6.0%. The percentage sold compared to the overall is in the positive by 5.8%. And the sale to the original compared to the average is in the positive by 1.4%.