Most Boston condo sellers follow convention and wait until the spring to list their place for sale. If you wait until March, you may be missing out. The truth is listing your Downtown Boston condo for sale in the winter can pay off big with reduced competition and more motivated buyers. Here are some important advantages to listing your property between December and February.
Your Property Will Likely Sell Faster
According to a Redfin report, homes are actually more likely to sell within six months when listed in the winter compared to any other time of the year. In downtown Boston, a property has a 69 percent chance of selling within 6 months during the winter compared to just 59 percent in the spring, the traditional start of the home-selling season. Properties listed in the winter spend 26 days on the market on average compared to 33 days when the property is listed in the spring.
Buyers Are More Motivated
It’s true there are more Boston condo buyers during the spring and summer, but the buyers that are looking for a place in the winter tend to be more motivated. People looking in winter are usually moving because they need to or looking to avoid the seasonal competition, which puts you at an advantage as a seller.
Your Place Has Less Competition
Because so many people believe winter isn’t a good time to sell, there will be fewer properties for yours to compete against. With great staging and a smart pricing strategy, your condo, loft, or penthouse for sale in Downtown Boston will catch the attention of serious buyers.
Any time of the year can be an excellent time to list your condo for sale, but the winter season offers its own unique advantages. Don’t overlook the benefits of listing your in January if you want to attract motivated buyers and sell fast.
Ready to list? Give us a call Our listing agents specialize in local real estate, including condos for sale in Midtown, Beacon Hill and Back Bay we can help you through each stage of the selling process.
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