Monday Market Report – Will Selling During the Holidays Affect My Home Value?

The quick answer is yes – and in a good way!

Fall is only three days away, and this time of the year is perfect to list your home! Even though the holiday season sparks a busy schedule and family visits, these is less competition to sell your home! Most buyers who are searching for a home are just as dedicated as you are about selling, so this is another benefit to list your home during the holidays.

selling-during-the-holidays

In the last 5 years, the median price has gone up in November and December, while the number of listings declines as the year comes to an end.  Many buyers want to move while there is time off from school and work in order to make the move stress free.  Therefore, the added demand and lack of competition causes prices to slightly peak towards the end of the year.

If you decided to wait and avoid the hassle of selling over the holidays, you may want to rethink that decision. Maybe there is something  in the air – houses just look prettier during the holidays and the weather is just perfect in Florida for house shopping!

If you decide to sell before the end of the year, you will want to have the house ready and on the market by about October 17th.

Sixty days is the average days a home is on the market. This will give you a little buffer in case there are any delays in getting an offer or at closing.  However, to give yourself a little less stress, you should list as soon as possible!

If you are serious about selling your home before the new year, get started with a free consultation.

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One comment

  1. […] There are a lot of reasons why homeowners may want or really need to sell before the end of the year.  Maybe you need to sell for tax purposes.  Maybe it’s a good time to move while the kids have some time off from school.  Maybe you just want to move when it’s actually cool outside so you don’t sweat to death!  Or maybe you see the benefit in selling while the market is hot and there is less competition, as I explained in last week’s blog post. […]

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