Tuesday, December 24, 2013

Study Shows Winter Hottest Season for Home Sellers

LISTING A HOME IN WINTER BEST FOR SELLERS ACROSS THE COUNTRY 

snowmanMany owners believe that selling a home in winter can be an exercise in futility, but a recent Redfin study paints an entirely different picture.

Data collected by the firm, which analyzed sales in 19 U.S. markets, shows that owners are 9 percent more likely to sell their home in the winter months than in any other season. Although one might think that bitterly cold temperatures in some parts of the country would help deter buyers, the trend persisted from the frigid Northeast to sunny Southern California.

Homeowners in the San Jose area had the highest likelihood in the country of selling a home in winter, at 80 percent – 11 percent higher than in the spring and summer. In San Francisco, sellers had a 69 percent chance of offloading a home in the winter, 10 percent greater than in spring and summer.

Saraya and Simon Motley
Pacific Union and Christie’s International Real Estate
Serving Alameda & Contra Costa Counties
510.459.4338/direct . 925.385.8503/direct
925.403.7802/eFax


saraya@eastbayhouse.com
www.eastbayhouse.com
CalBRE License #01265873   


Photo courtesy of pacunion.com

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