Should I wait until Spring to sell my Northwest Allen county Home?

By
Real Estate Agent with Coldwell Banker Roth Wehrly Graber RB14042341

   

overdone christmas lights     

     The question I hear a lot of lately is whether or not now is the right time to be putting a home up for sale.  Sellers are unsure whether buyers are even looking this time of year and with the Holidays approaching, many people feel that the added stress to maintaining a show ready home during this already frantic time of year may be taking on too much

     It is my opinion that now can be a great opportunity to sell your home.  Inventory is typically down this time of year and as long as Holiday decorations are tastefully done, sellers can take advantage of this time of year to find a buyer looking to purchase while interest rates are still historically low but have fewer choices in their home search.

 

  Below are two charts that demonstrate the percentage of homes that sell relative to new inventory that comes on to the market,number of homes sold in the quarter, and days on market for those homes sold in Northwest Allen county for the 4 quarters of 2011 and 2012. 

 

graph stats

 

     As you can see from the chart, the percentage of homes sold (100%) to the number of homes that came onto the market (154) is highest in the 4th quarter and did so in the least amount of days (78) of any quarter in 2011. The number of homes that came onto the market decreased in the 4th quarter by 33% from the 3rd quarter while the number of homes that sold increased 4%.  Is this typical?...The chart below will show how the market is doing so far in 2012.

 

graph chart

 

     While the 4th quarter numbers are still incomplete, you can see that the percentage of homes sold relative to new inventory continued the 2011 trend of being the highest of any quarter in the year. Does this guarantee that your Northwest Allen County home will sell in 2012...NO, but the opportunity is there and these numbers should help give you a solid basis for making a decision about selling your home.

 

     There is still plenty of time to get your Northwest Allen County home on the market and sold before the end of 2012. Contact me for a free consultation of your Real Estate needs and to find out more about my exclusive seller services.  

Brian Kuhns (260) 416-5103

 

To see the current Inventory of Homes for sale in Northwest Allen County please visit:

www.NWallencountyHomes4sale.com



 

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(260) 416-5103  *  bkuhns@movingindiana.com

Coldwell Banker Roth Wehrly Graber

 Start your online search here

      When the time comes for you to buy or sell your home, contact me for the latest market information and a detailed analysis of your Real Estate needs.

(260) 438-6289 or by email at bkuhns@movingindiana.com

 

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. John McCormack, CRS 11/25/2012 08:52 AM
Topic:
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Rainmaker
1,945,937
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Don't wait, market, broadcast, spread the word and use full throttle push of the local real estate property listings.

Nov 07, 2012 10:20 PM #1
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Joni Bailey
101 Main St. Realty - Huntsville, TX
Your Huntsville / Lake Livingston Area REALTOR®

I'm afraid the FOR SALE sign is going to be lost within all of those Tastefully Done Christmas lights! HA! ;) Have a wonderful day!! 

Nov 08, 2012 01:13 AM #2
Rainmaker
199,859
Brian Kuhns
Coldwell Banker Roth Wehrly Graber - Fort Wayne, IN
Fort Wayne Real Estate by Brian Kuhns

Can you imagine how long it takes someone to do all that Joni? like living at the Griswold's house from Christmas vacation. 

Nov 08, 2012 07:23 AM #3
Rainer
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Monique Keith
Ahwatukee, AZ
Ahwatukeenulls Favorite Realtor, Buyers Agent with

Brian how did you get that photo of my house? LOL

 

I agree with you. This is an ideal time of year to sell your home, less competition with low inventory levels=more money made for the seller.

 

 

Nov 08, 2012 07:56 AM #4
Rainmaker
3,982,614
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Now is a great time.  Interest is still down and so are prices.  6 months can make a big change.

Nov 08, 2012 09:32 AM #5
Rainmaker
4,432,217
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good information for sellers.

Nov 11, 2012 09:41 PM #6
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Connie Harvey
Pilkerton Realtors - Brentwood, TN
Realtor - Nashville TN Real Estate

Brian, excellen post. I think this time of year is great because of the low inventory.

Nov 12, 2012 10:23 PM #7
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Joni Bailey
101 Main St. Realty - Huntsville, TX
Your Huntsville / Lake Livingston Area REALTOR®

We used to go all out when the kids were little and it took DAYS AND DAYS to do. And we were NOTHING compared to that!

Nov 19, 2012 12:12 AM #8
Rainmaker
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Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
New Hampshire Home Stager

I listed my home the week before Christmas last year.  I would list in the winter again if I had to.  At least the buyers that came by were serious.  I see no reason to wait until Spring when the competition will be stronger.

Nov 25, 2012 10:55 AM #9
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Brian Kuhns

Fort Wayne Real Estate by Brian Kuhns
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