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Spring Harvest

By
Real Estate Broker/Owner with UtahDave.com Neighborhood Experts

As the weather warms up I've noticed a lot of talk about gardening and planting. In gardening you plant in the Spring and harvest in the Fall. It made me think, when is the harvest in real estate? Reviewing the statistics from past few years suggests that Spring is the time to harvest!

I've highlighted the spring months since 2008 so you can easily see the harvest!

Utah Market Stats

There were a few tax-credit anomolies during these past few years which have skewed the sales for these years, but you can still see the success of the Spring months.

You can see, even without the tax credits, this pattern repeats itself. Here is a glance at the sales for the past 5 years for the same area.

Utah Market Statistics

While others are taking advantage of the warm weather planting seeds, it is time for us to start harvesting.

It's a great time for sellers to put their home on the market. We've had a low inventory all winter and buyers are tired of seeing the same homes, all of which have multiple offers on them. Getting buyers into their new home now is also a perfect time for them to start establishing their roots!

Spring is hear, enjoy the harvest!

Comments (3)

Ryan Gale
Long and Foster Realtors - Rockville, MD

Great statistics...I am ready to get my green thumb unleashed

Apr 05, 2011 08:29 AM
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Nice presentation of your stats report.

Apr 05, 2011 09:05 AM
Justin Coleman
Fairway Independent Mortgage Corp - Salt Lake City, UT

Wonderful data and presented perfectly. Bring on the Spring!

Apr 09, 2011 04:54 AM