Winter Buyers Are More Serious
If your house is up for sale in the winter and someone is looking at it, chances are that person is serious and ready to buy out of need rather than want. There aren’t the leisurely buyers that are taking their time like there are in the spring and summer. It may be cumbersome to have buyers coming through your home around the holiday season.
Lack of Inventory
The inventory is traditionally lower during the holiday season with fewer homes hitting the market in November and December than in March and April. Inventory is already scarce as it is, and even more so this time of year. Serious buyers won’t have an endless list of homes from which to choose like they would in the spring and the limited range of options available to buyers means sellers may be able to command a higher asking price for their property.
Year-End Job Transfers
The end of the year is typically the time when people get notified they will be moving because of a job transfer or another job opportunity arises. In our area of federal, military, and contract workers this is a major factor. Many folks fight out in October and November about a transfer or move they need to make at the end of the year and when in a hurry to find a new place they cannot afford to be picky about their new home.
Festive neighbors are inviting
One of the best parts of the holiday months is that many people decorate their homes with festive lights and decorations to celebrate the season. Buyers purchasing a home during the holiday season may see the neighborhood in a more festive and cheerful light and may be more willing to consider an area that they may have been on the fence about. We know those in the Alexandria area take holiday decorating and events very seriously.