The months of May & June have historically been the “hottest” months for home sales in Durham County. In fact, going back 11 years, home sales have peaked in either May or June in each of those years. So then, tell me again Chuck, why I want to list my home during the end of the year Holiday Season? Three reasons…
1. Less Competition!
More homes on the market means more competition for you – the home seller. Buyers have a wider selection of homes to choose from and as a result, they have a stronger negotiating position when it comes to what they are willing to pay for your home. And, if you’re not willing to concede on price and other terms, they could just move on to the next home.
Many sellers say, “I’m going to wait until the spring to list my home”. Yes, you and every other seller is thinking the same thing! Going back those same 11 years (to 2009), guess what month has consistently, every year, had the fewest number of homes enter the market? December. So put your home on the market in December when everyone else is waiting for the spring.
2. More Money!
Buyers have fewer homes to choose from and are more willing to pay a higher price for one when they find it. Since 2015, December had the highest average sales price, year over year, than any other month in that year. More money for the sellers! Keep in mind, December 2019 numbers are not out yet as of this writing.
3. Serious Buyers!
Let’s face it. As families get together over the Holiday Season, house hunting does not rank high on the list of fun family activities. If someone is willing to look at houses during this time, they are serious buyers! That is of course, unless they just need an excuse to get away from that one family member who just…
Please be safe this Holiday Season and enjoy time off with your families. And if I’ve convinced you that December is an opportune time to put your home on the market, please don’t hesitate to reach out to me. I’d love to help you out.
Photo by Benjamin Smith on Unsplash