Can You Sell a Home During Fall or Winter?

Thinking about selling your home? Contrary to popular belief, fall and winter are actually great times to get top dollar for your home.

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I feel pretty strongly that the fall and winter seasons are actually great times to sell your home. 

A lot of people worry that fewer homes sell in the fall and winter than in the spring and summer. While this may be true, the difference is due to the fact that not as many sellers have their homes on the market. If you look at Birmingham historically, it is a minuscule difference.

I was talking with some folks looking to get into the real estate business and I explained to them that homes in Birmingham sell at almost as high a rate in the slowest month as they do during the fastest month. It's only a difference of 50 to 60 houses, which may seem like a lot, but in terms of the 10,000 to 12,000 houses that sell in the Birmingham market each year, it's not that much of a difference.

You'll have less competition and higher demand.

If you sell in the fall or winter, you will have less competition and higher demand from buyers who are looking at homes. There are also a lot of people who are relocating–companies relocate around the first of the year to get people in for the next year.

Also, remember that interest rates are at an all-time low right now. There is no guarantee that they will stay low going into spring, so that buyer that may qualify for your house today may not qualify in a couple months. The demand for your home in the fall and winter will be a lot higher, which will allow you to collect more money for the sale of your house.

If you've been thinking about selling your home, I hope you found this information helpful. If you have any questions for us, don't hesitate to give us a call or send an email. We look forward to talking with you soon.