Most people think that the time to put their home on the market is in the spring. But, if you are considering selling your home, there are advantages to putting it on the market before springtime. According to the Central Mississippi MLS, while sales are strong, housing inventory is down over 2018 numbers.
Figure 1. Central Mississippi MLS New Listings
According to Terri Williams with REALTOR.com, there are six advantages to selling your home in the winter months.
1. Low inventory = less competition.
2. You get to show your home’s winter-readiness.
3. New parents may be looking to upgrade.
4. Winter brings out the serious buyers.
5. Year-end financial bonuses and payouts.
6. Corporate relocation
If you are considering selling your home, I offer a free, no obligation market evaluation of your home. Feel free to contact me at (601) 421-7094 or dnelson@rightsizerealty.com
References:
Central Mississippi MLS (September 2019). Market Heartbeat. Retrieved from: https://cmr.realtor/media/2607/cmrmls_mmi_2019-09.pdf
Williams, T. (October 8,2018). 6 Reasons Why Selling a House in the Winter May be the Best Decision Ever. REALTOR.com. Retrieved from: https://www.realtor.com/advice/sell/reasons-to-sell-a-home-in-winter/