The spring season is traditionally one of the best times of the year to list your home or condo for sale, and while in Washington DC that certainly rings true, it appears that winter is also as good a time as any to test the market.
Earlier this week, a Washington Business Journal article caught our eye that details selling patterns between 2010 and 2014, and the results might seem surprising to those thinking about selling their Washington DC home sometime in the near future.
According to Redfin research, approximately 15% of properties listed between March and June sold within 30 days, while 14% of properties listed between March and December also sold within that same timeframe. Additionally, winter sales in Washington DC have more commonly sold above list price over the past five years, with 51% of those winter listings achieving that mark compared to just 50% of spring listings selling for more than a list.
Although the numbers are drastically different, was surprising is that most assume winters numbers are far below the spring and even the summer seasons.
In most cases the decision of when to sell your home usually boils down to what’s best for the seller, but if you’re flexible and are considering a move sometime in 2015, the best time to list your home might actually be right now.
If you're interested in selling your Washington DC home, contact our home selling experts at (202) 709-9222 for a free, no-obligation consultation and comparative market analysis of your home!