Most homeowners believe that spring is the best time to sell a house. While it’s true that more home buyers start searching once the weather warms up, it may actually be more beneficial to list in the winter. Read on to learn why it pays to put your home on the market during the coldest months of the year.

Why You Should Sell a House in the Winter

1. There Is Less Competition

Due to the perception that homes are more likely to sell when it’s warm out, fewer homeowners are willing to list during the winter. This means that the market becomes bloated and hypercompetitive in the spring. Homes sold in the winter look even more appealing to buyers when there’s less selection.

2. Homes Look Cozier

While a snow-covered ground and bare trees may not show off your yard, winter is the perfect time to play up the charm of your home. Set out comfy blankets and simple seasonal decor, but keep in mind that too many messy decorations can deter buyers. Light your fireplace if you have one to give off an extra cozy atmosphere.

3. Buyers Are More Dedicated

Don’t feel intimidated by winter listings bringing in fewer showings. You may get half the number of visitors, but rest assured that these potential buyers are much more dedicated. Someone who is serious about buying will show up even when it’s cold out. Winter brings the most dedicated buyers, particularly those who are relocating out of necessity.

4. Deals Close Faster

Because most buyers house hunting during the winter need to move sooner than later, they’re more willing to close deals quickly. Whether they’ve found a new job or their family is growing, they need to buy a house as soon as possible. Studies show that homes listed during the winter on average spend fewer days on the market and are more likely to sell within six months. This is compared to any other season and is true nationwide.

5. It Can Pay Off

In addition to being more motivated to close, winter buyers are often ready to pay more to move in faster. From December to March, homeowners on average sell at about a 1.2% higher sale-to-list price ratio than any other time of the year. Not only are winter sales faster and more likely to happen, they often pay off.

Listing property outside of peak season can be intimidating. If you’re looking for a reliable real estate agency to help you sell a house, trust that Wright Real Estate can get the job done no matter what time of year. Locally owned and operated in Ronan, MT, these expert agents keep a close eye on the market to give you valuable advice for your property. You’ll sell your home at the best possible price in no time. For more information, call (406) 676-8610 or visit their website.