Scott P. Rogers
Funkhouser Real Estate Group
540-578-0102  •  email
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Thursday, December 9, 2021
When To Sell Your Home
So, you are thinking about selling your home sometime in the next six months?  Two common concerns I have heard lately from folks thinking about selling in the next six months are...

[1]  I was thinking about listing my home for sale now but I have heard that the market is super slow during the winter months, so maybe I should not list my home right now?
[2]  I was thinking about waiting to list my home for sale in the spring but I have heard that the market might have cooled down and prices might have started declining by spring, so maybe I should act more quickly?
In my opinion, either path forward (list now, list in the spring) are good plans...
Selling Your House Now Is A Good Plan.

Last December and January a total of 211 buyers signed contracts to buy homes.  In March and April of this year a total of 283 buyers signed contracts to buy homes.  So, yes, the market is slightly slower in the winter months but we'll still see about two thirds as many buyers in these winter months as we would see in the spring.  Furthermore, inventory levels tend to be the lowest in the winter months, giving buyers who are in the market very few choices of homes to pursue.  As such, I believe homeowners who choose to sell their house now (Dec, Jan) will do quite well and do not need to wait until spring to list their home for sale.
Waiting For Spring To Sell Your House Is A Good Plan.

While it is possible that the pace of the local housing market might not be quite as hectic or frenetic next spring as it was this past spring, it does not seem likely that the market will significantly cool or that home prices will start to decline.  As such, I believe homeowners who choose to wait until spring (Mar, Apr) to list their home for sale will do quite well and do not need to hurry up and get their house on the market now before the market significantly slows.
Maybe this advice (it's okay not to wait OR to wait) wasn't helpful.  Did you need me to help you make up your mind as to when to get your house on the market?  Just let me know... I'll tell you there is only one right choice.  ;-)