Listing Your Home in the Winter – Flagstaff Real Estate Market Snapshot

Watch on your mobile device >>

Contrary to popular belief, selling a home during cooler months of the year is not entirely a wasted effort. The truth is that many people continue to seek homes during these months and the number of sales does not decline that much as compared to spring and summer selling seasons.

To help illustrate this fact, I have pulled some statistics to show you just how successful other sellers have been in selling during the winter. It turns out that looking at the six-month period from September 1, 2011 through March 31, 2012 – the total number of homes that sold was 624. When you compare that to our current inventory of 679 available homes on the market you can see that the numbers are very close.

What this means is that if we were to keep all existing inventory on the market, based on last year’s trends, we would sell most of the inventory by the end of March. Now, of course that takes into account only a current snapshot of the market but the bigger picture is that winter is not an inopportune time to sell at all!

Keep in mind that taking your home off the market for some time can throw off the stabilizing mechanism that comes naturally in a marketplace where we are seeing declining inventory levels against increased demand. That is why I strongly encourage my sellers to consider leaving their home on the market during this time.

Here’s another statistic that will help you to see why the holiday season does not hold back buyers. Last year in December the total number of homes in Flagstaff that closed was 78 – more than two homes per day! Despite it being directly during the holiday season we still saw plenty of activity in our marketplace. The biggest secret to know is to keep your home on the market in the wintertime.

If you would like a customized look at your property, for help about pricing or anything else you may need – contact us today at 928.214.7100 or via email at Valerie@flagstaffhouses.com. We look forward to hearing from you!