Is Winter a Terrible Time To Sell A House?

WAIT! Don't Go Further Until You Get the Lake Norman Mike Weekly Newsletter in Your Inbox! Tons of Useful Info...
Let's get into it!

Right around October and November, it never fails.

The question comes up for those planning to sell their home: Should I sell my house in the winter months OR wait until Spring?

It’s a good question, but there are a lot of things people don’t think about when it comes to this. Most think it’s a bad idea. Think about it: holidays are happening, the weather gets icy cold, and you hear of home sellers actually pulling their homes off the market during the winter. So the real question should be:

Is Winter a Terrible Time to sell my house?

Watch this short video below by Mike for a straight explanation:

[one_half]

[/one_half]
[one_half_last]Subscribe to Lake Norman Mike - Real Estate Video Blog[/one_half_last]

Having dealt with listing homes in the winter and helping home buyers find homes at this time, I’ve found that in the winter months, you don’t have tire-kickers. You don’t have people looking at homes who aren’t very motivated to buy. You have more serious buyers. You also are dealing with a lot less homes on the market. (Less competition)

Read on for a few reasons listing in the Winter is not a terrible idea.

Not Terrible – Reason #1 – Corporate Relocation is Popular in Winter Months

A very popular time for corporate relocation activity in the Lake Norman NC area is in the last quarter and entering into January. If your home isn’t on the market at this time, you’ll miss this pool of buyers. Corporate Relo’s are also usually more motivated to find a home quickly in order to get started with their new job and to settle themselves and their family into the area.

Not Terrible – Reason #2 – The Number of Available Homes DROPS Substantially

You can chalk this one up to Economics 101: supply and demand! Remember, less competition with a more serious pool of buyers means your chances of getting the sale are increased. In the Spring and Summer you may be 1 out of 10 homes with similar features, whereas in the Winter you may be 1 out of 4. Which odds do you like more? You also have less people stomping through your home who may not be that serious about buying. Trust me when i say this, buyers out shopping at this time of year tend to be ready to pull the trigger with an offer.

Not Terrible – Reason #3 – Listing Earlier Allows You To Troubleshoot

If you have some challenges with your property: a steep driveway, a high voltage power line as your neighbor, or anything that may create some challenges when selling, it might be a great idea to list in the Winter. Why? Because buyers shopping at this time of year are usually committed to buying a home and have a whole lot less to chose from when shopping. Some of these challenges can be overcome in the winter months for this very reason.

Waiting until spring or summer could cost you, with less cash in your pocket at closing. On the other hand, if your home is the jewel of the neighborhood, it won’t really matter when you sell. Remember, challenges can be many things and it only takes a 10 minute visit to your home by an experienced Realtor to determine if your home might have some of these obstacles when selling.

The Bottom Line

Whatever your decision on when to sell your home, you should always be sure to have a good understanding about the value of your home and the upward or downward market trends happening in your city and region. This information is best deciphered through an active and experienced Realtor®.

I’d love to chat with you about your specific situation, just shoot me an email at [email protected] or call us at (704)584-9781.

If you want more of these types of videos, subscribe below and I will make sure you get to be first to watch my brutally honest commentary on real estate. Shooting it straight with positively no baloney!

[one_half]

[/one_half]
[one_half_last]Subscribe to Lake Norman Mike - Real Estate Video Blog[/one_half_last]

Helpful Related Articles from across the web about selling a home in the winter:
How to sell a home in the winter – Bill Gassett
Should I Sell My Home Now or Wait Until the Spring? – Kyle Hiscock
Why It Pays to List Your Home in Winter – Time Magazine

 

Now Accepting Virtual Appointments. Schedule today to discuss buying or selling real estate in Lake Norman

Interested in Lake Life?

Explore the towns and communities around the lake below.

Our Customers Are Saying…

“Mike brought a wealth of knowledge to the entire process and made me feel like I was his top priority. He took every call, responded to every email and addressed every concern I had!” ~ Richard Clayton

Read All Customer Reviews ⭐⭐⭐⭐⭐

Latest Articles

Like What You See?

Click Below to Subscribe For More Content
704-584-9781

About Mike Toste

Owner / Broker / REALTOR® Mike Toste “Lake Norman Mike” brings more than 24 years of marketing, sales and negotiating experience to the sale of your home or to the purchase of your new home…READ MORE.
Call or Text 704-584-9781
19901 W Catawba Ave #104
Cornelius, NC 28031

Follow Us:

southern-homes-of-the-carolinas-broker

Driving Directions

Lake Norman Mike :: Lake Norman Real Estate Agent is located on 19901 W Catawba Ave #104 Cornelius.

From Charlotte Douglas International Airport (CLT) head south on Josh Birmingham Pkwy and keep right to continue on Old Dowd Rd.

Then at the traffic circle, take the 1st exit and stay on Old Dowd Rd and turn right onto Marshall Dr. Next, turn left at the 1st cross street onto US-29 S/US-74 W/Wilkinson Blvd and turn left onto the ramp to Interstate 485 Inner N/Spartanburg.

After that use the middle lane to keep left at the fork and follow signs for I-85 S S/Gastonia/Spartanburg/I-485 N Inner N/Statesville.

At this point keep right at the fork, follow signs for Interstate 485 Inner N/Statesville and merge onto I-485 Inner.

Merge onto I-485 Inner and head straight for 11 miles. Then use the right 2 lanes to take exit 23A-B toward Statesville and merge onto I-77 N. Next, take exit 28 to merge onto US-21 S/Catawba Ave and merge onto US-21 S/Catawba Ave.

Finally, turn right onto Knox Rd and turn left onto Nautique Blvd. Turn left onto Knox Road Extension and Lake Norman Mike :: Lake Norman Real Estate Agent will be on your left.

SOLD!

GET OUR WEEKLY SOLDS REPORT
Share via
Copy link