So, we have heard it all before, that Spring is the best time to sell a home in South Jersey. In a recent report from April 2013 according to MSN Real Estate, this apparently is a myth.
This year, Zillow conducted some reports as well, and determined that November, December and January are the BEST times to list a home for sale. “It’s a supply-and-demand issue,” Brendon DeSimone, a real-estate agent who appears on HGTV, wrote at the Zillow blog. “Most sellers assume buyers aren’t seriously looking during this prolonged holiday season. And yet, many buyers are looking at properties in person and online right up until Christmas Eve. If the right home goes on the market in mid-December, a serious buyer — and there will be a lot of them — will take note.”
This is good news to many home owners how have been sitting on the fence, not sure if they should wait until spring for fear that their home will not go under contract. According to the Examiner, there are plenty of reasons why the holidays are a great time to list your home for sale, especially in South Jersey:
1. Less Competition –
Many homeowners in South Jersey will wait to list their home in the spring, along with everyone else. Having your home listed for sale during these holiday months can bring you more buyers and less competition from your neighbors (who will be patiently waiting until the spring). This can also bring you more money from your home with more serious prospects.
2. Homes Decorated for the Holidays –
There is something to be said about the cheer of the holidays. Homes decorated with Christmas trees, lights, and a light coating of snow are very nostalgic for many families looking to purchase a home in South Jersey. When prospective buyers are looking for homes in South Jersey during the holidays, they are thinking of the memories they will make here as they share the holidays with family. Have you ever noticed when you have looked at homes yourself and you said, “Won’t it be great to have parties here in this yard?” Well, with holiday decorations, there is the same result, only more significant.
3. Calendar Years
When we consider corporate transfers and relocations into South Jersey, most corporations will move employees in January. They do not have the ability to wait until spring. Many people will want to move within South Jersey in January, allowing things to follow a calendar year. Keeping things simple for many buyers makes many settlements pour into January. Also, with this, it allows you as the new buyer the ability to now have more homes to choose from in South Jersey during the spring as you start to look for your next home.