‘Tis The Season… For Seasonality? ‘This the Season! This is the time of year we enjoy some extra time with friends and family, get out our sparkly decorations, watch our favorite Christmas movies, and there is a general feeling of brightness and celebration. We celebrate the incarnation of the King of kings at this time of year; the eternal salvation and abundant blessings given to all who believe in Jesus Christ.
And with the celebratory mood that this snowy month brings, we get a lot of questions around seasonality in the real estate market. Should we move in the winter? Should we wait until spring? What about my investment property; is winter still a good market for selling? Are people too distracted by Christmas and cold to think about buying and selling property? Great questions!
I was recently doing some data analysis on just this topic. The market is shifting and always in flux, so what does the data say regarding seasonality in 2022 (and into 2023)? Well, it certainly depends on your property type and other details relating to the specifics of your sale; however, the trend continues in the direction of our area being one of "all-season selling." The numbers for last year show that many property types are selling at the same rate with similar price and days on market in our winter months (Dec-Mar) as they are when we move into spring (Apr-Jul).
So what should you do? How can you plan for a successful move? Call us and we can pull data that relates specifically to your home and neighborhood. We want to position you for the most successful move possible, so allow us to do this work for you and ensure a spectacular outcome for your next adventure.
We wish you a very Merry Christmas and a Happy New Year and look forward to serving your with excellence for many years to come. We are always happy to help! -Angel
Welcome to our blog. We hope to be able to provide you with some valuable resources about selling and buying a home in the Twin Cities. We may also include a favorite recipe of ours from time to time, so check back often.