Isn't it better to put my Dutchess County house on the market in the spring than in the winter?
Many sellers struggle with the decision whether to list during the winter months or to wait until spring time.
Why is this such a hard decision?
- Homeowners feel they will get less for their home in the winter because only those who really have to sell will list during the winter and consumers know this.
- Very few people will be house hunting
- Listing in the winter months would mean having the added responsibility of keeping the driveway and walkway clean of snow and ice.
- The property does not look its best in the winter. In the springtime with the flowers blooming everything looks so much better.
These sound like good reasons to wait until spring to sell your Dutchess County home. The truth is, the market has changed. Right now there are already many competing homes on the market. Here in Dutchess County there are between 1776-2109 properties (higher number includes listing with offers)
Recently, I have heard housing industry consultants saying that housing prices could dip even further. Just today I read an article in the LA Times by Mary Umberger. Her article mentioned a statement by Steve Harney, a housing industry consultant, that agents should tell those people sitting on the fence to sell now because the banks will be unloading their glut of REO properties in the second quarter and this could result in a further drop of 5%-8% in housing prices.
So, should you wait until spring? I would say not, list now and get ahead of the competition. Listing now could also mean a higher sale price for you.
Copyright © by Jennifer Fivelsdal, all rights reserved-Isn't it better to put my Dutchess County house on the market in the spring than in the winter?