Winter Real Estate: Can You Sell a Gift Wrapped House?

Door bells ring, are you listening.

It's the elusive winter home buyer!

We often hear that the spring is the best time to sell a house. If you try selling in mid winter you are crazy......nutty.....looney. Fact is many homes continue to be sold through this time. December - February accounted for 18.16% of all the property sold in Waterloo-Wellington over the last 12 months. In contrast March - May equalled 31.07% of all home sales over the same period. No one would claim that the winter would be better in the summer right?

Why not?

Your house is decorated nice, it's practically gift wrapped. It smells like turkey and pine half the time. Most people are feeling rather festive with the holidays around.

Don't discount this time of year. Almost 1/5th of all homes sold last year were sold during this time. For the buyer it is a great time to shop as well. People that went on the market after the summer hoping to catch a wave are now anxious to sell. They are adjusting their prices and looking for the right hook to draw in the buyer.

As the houses grow stale the buyers look for that new property, fresh on the market. Like a child bounding towards the impending mess of the presents they leap and hastily put in an offer on the "new house" up the street from the one they have been watching.

Is it your house being unwrapped this holiday season?

Give the gift of real estate.


Just make sure you dig out your sign!

M

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