Fall and winter are great times to sell. We are seeing a reduction in inventory, but an increase in qualified buyers. This means if you are looking to sell this year you still have 4 months to market your property to a more qualified buyer and less competition for that buyer.
When we review the sales for the 1st quarter of 2017, 20% of the inventory for the year sold. In the 2nd quarter-spring and usually the best time to sell, 29%. The 3rd quarter was close behind at 27% and the surprise was the 4th quarter with Christmas, Thanksgiving and all the other reasons not to work the last quarter, came in at 24%.
Breaking it down by months we have:
- January with 356 sales
- February with 393 sales
March with 589 sale
- 1st quarter total was 1338 sales.
- April 558 Sales
- May 641 Sales
June 716 Sales
- 2nd quarter total was 1915 sales.
- July -598 Sales
- August-672 Sales
September 538 Sales
- 3rd quarter total was 1808 sales.
- October-528 sales
- November 515 sales
- December 536 sales
4th quarter total was 1579 sales