Spring is the best time to sell a home, right?
While you can certainly sell your home in the spring, the smart sellers actually have a better chance of selling their home for a higher price in the weeks before the spring market rush.
Why Smart Sellers are Putting Their Home on the Market Now:
If you wait until the spring to put your home on the market because you believe people are more likely to move in the spring, you’re relying on data that is out-dated.
In today’s world, buyers move at about the same pace throughout the year.
If you look at the number of buyers in Flathead County in any given month, the numbers only show a slight deviation month-to-month. What changes more drastically is the number of homes for sale (or home inventory).
Basic Supply and Demand
If you wait until the spring to put your home on the market, the only thing that is certain is that your home will be competing for the same number of buyers with many more properties for sale.
When the inventory rises in the spring (and demand stays the same), it is likely that prices will also decrease.
Do you now see why the smart sellers are putting their home on the market before the spring market?
There will be about the same number of buyers in Flathead County, but inventories will be lower, which means less competition and a higher price when you sell your home.
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