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Thinking Of Selling? Now May Be The Time

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Thinking Of Selling? Now May Be The Time | Keeping Current Matters

It is common knowledge that a large number of homes sell during the spring buying season. For that reason, many homeowners hold off putting their home on the market until then. The question is whether or not that will be a good strategy this year.

The other listings that do come out in the spring will represent increased competition to any seller. Do a greater number of homes actually come to the market in the spring compared to the rest of the year? The National Association of Realtors (NAR) recently revealed which months and days of the year most people list their home. Here is a graphic showing the results:

Top 10 Listing Dates of 2014 | Keeping Current Matters

The circles represent the ten most popular listing dates in 2014. We can see that all ten days are in the second quarter of the year. The months in red represent which months most people put their home on the market. Again, the three months in the second quarter are most active for listings. Last year, the number of homes available for sale in January was 1,880,000.

That number spiked to 2,350,000 by July!

What does this mean to you?

With the job situation improving and mortgage interest rates projected to rise later in the year, buyers are not waiting until the spring. They are out looking for a home right now. If you are looking to sell this year, waiting until the spring to list your home means you are putting your house on the market at a time you will have the greatest competition for your buyer. It may make sense to beat that rush of housing inventory to the market and list your home today.

Agents: To discover proven ways to build an inventory of salable listings right now, check out the free replay of our webinar, How to Become a Rainmaker for Listing Leads.


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3 Responses to “Thinking Of Selling? Now May Be The Time”

  1. Barbara Reynolds January 25, 2015 at 12:59 pm # Reply

    I have an Gravatar, and I want to send this, but I cannot find how to get my gravatar in this post?

    • The KCM Crew January 26, 2015 at 12:19 pm # Reply

      Barbara,

      If you are logged into the KCM Website, when sharing a post it will share your personalized version. You will see a green message at the top of each post confirming you are sharing using your ‘Personalized Posts’. We hope this helps!

  2. Scottie January 26, 2015 at 9:21 pm # Reply

    I have noticed throughout the southern states with the mild winter of 2014-2015 the residential market is already starting to spike.

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