Why It Makes No Sense to Wait for Spring to Sell- Look at the historical surge in homes coming on the market in Spring of last year (2018). The same trend is likely to continue in 2019.
If you want to compete with fewer homes and have more buyers see your home...get your home on the market before others.
The price of any item (including residential real estate) is determined by the theory of supply and demand. If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.
How long will it take in your market to sell? (click here)
The supply of homes for sale dramatically increases every spring, according to the National Association of Realtors (NAR). As an example, here is what happened to housing inventory at the beginning of 2018:
Putting your home on the market now, rather than waiting for increased competition in the spring, might make a lot of sense.
Buyers in the market during the winter are truly motivated purchasers and they want to buy now. With limited inventory currently available in most markets, sellers are in a great position to negotiate.