Published
November 22, 2024
Contrary to popular belief, listing your home during the holiday season can be a strategic decision. While many assume the market slows down, there are several advantages to selling your home during this festive time of year.
Holiday home shoppers tend to be more motivated. These buyers are often driven by job relocations or year-end tax considerations, making them more likely to make serious offers. This can lead to quicker sales and potentially better deals for sellers.
With fewer homes on the market during the holidays, your property has a better chance of standing out. This reduced inventory can work in your favor, potentially leading to faster sales and even multiple offers.
Holiday decorations can create a warm, inviting atmosphere that resonates with buyers. This emotional connection can be a powerful selling point, as buyers envision their own future celebrations in the home. Though I do not recommend going "all out" on decor, tasteful touches of holiday spirit can go over fantastic with home buyers during this season!
While spring is traditionally considered the best time to sell, recent data challenges this notion. In some markets, like Nashville, Tennessee, the best time to sell is actually between October and December.
The National Association of Realtors reports that mid-April is generally the best time to list, but May, June, and July are also strong months for selling
However, these trends can vary significantly by region. For example, in Orange County, California, a recent listing during the holiday season received 85+ groups of people at an open house, resulting in 20 written offers with some 12.5% over asking price.
While the holiday season may seem like an unconventional time to sell, it can offer unique advantages. With motivated buyers, less competition, and the potential for emotional connections, selling your home during the holidays could be a surprisingly effective strategy.