Well, today when you walked out of your home, you might have noticed winter is around the corner.
Many Boston real estate for sale owners believe spring is the best time to put their Boston condos on the market because buyer demand traditionally increases at that time of year. What they don’t realize is if every homeowner believes the same thing, then that’s when they’ll have the most competition.
So, what’s the #1 reason to list your Boston condo for sale in the winter? Less competition.
Boston condo for sale supply traditionally shrinks at this time of year, so the choices buyers have will be limited. The chart below was created using the months supply of listings from the National Association of Realtors.
As you can see, the ‘sweet spot’ to list your Boston real estate for sale for the most exposure naturally occurs in the late fall and winter months (November – January).
Temperatures aren’t the only thing that heats up in the spring – so do listings!
In 2018, listings increased from December to May. Don’t wait for these listings and the competition that comes with them to come to the market before you decide to list your house.
Added Bonus: Serious Boston Condo Buyers Are Out in the Winter
At this time of year, purchasers who are serious about buying a Beacon Hill condo for sale will be in the marketplace. You and your family will not be bothered and inconvenienced by mere ‘lookers.’ The lookers are at the mall or online doing their holiday shopping.
Bottom Line
If you’ve been debating whether or not to sell your Beacon Hill condo and are curious about market conditions in your area, let’s get together to determine the best time to list your Boston condo for sale.
