Is One Seasonal Market Better than the Other?

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Welcome back, and a Happy New Year to you all. Recently, I was asked what the difference is between the spring/summer real estate market and the fall/winter market. Some tend to think that the spring/summer market is better because of increased activity, but that's not always the case. There are a lot of differences between the two markets, but each has its own unique benefits for sellers. One isn't better than the other, but they are different.

In a summer or spring market, you have more activity, with more buyers and sellers in the market. Most of this is due to weather and scholastic differences. It's much easier to go out to look at homes on a nice day, and families have more time in the summer, when the kids are out of school. There are a ton of buyers in this market, but also a ton of sellers.

A winter or fall market has its own advantages. Although buyers aren't as numerous, they are very serious and looking to pull the trigger if the right home comes along. You don't have the number of window shoppers you see in the summer market, and you are also able to use comparative market data and valuation info on homes from the summer, which usually results in a really good price point.

As you can see, both markets have their pros and cons. If you have any questions for us, make sure to give us a call or send us an email. We would love to help you out in any way possible.