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I am thinking about listing my home in Yorktown Heights, should I do it now or later in the Spring?

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Real Estate Agent with Coldwell Banker Realty/Coldwell Banker Commercial NRT 30SA0872839 

I am thinking about listing my home in Yorktown Heights, should I do it now or later in the Spring?

Deciding whether to list your home in Yorktown Heights now or wait until later in the spring depends on several factors, including current market conditions, your personal timeline, and seasonal trends. Here's a breakdown of considerations specific to Yorktown Heights:


Reasons to List Now

  1. Low Inventory = Less Competition:

    • The Yorktown Heights market often has more buyers than available homes. If inventory is currently low, listing now can give your home more visibility and help attract motivated buyers willing to make competitive offers.
  2. Serious Winter Buyers:

    • Buyers looking in January and February tend to be highly motivated, such as those relocating for work or those who need to move quickly. These buyers might not wait for the busier spring market.
  3. Interest Rates:

    • While your 3.5% rate is excellent, current buyers may feel urgency due to fluctuating rates. Listing now could capture buyers before further rate increases impact affordability.

Reasons to Wait Until Spring

  1. Higher Buyer Activity:

    • The spring market traditionally brings more buyers. Warmer weather and longer daylight hours encourage more house hunting and open house visits.
  2. Improved Curb Appeal:

    • Landscaping and outdoor spaces often show better in spring, which could enhance your home's first impression and attract higher offers.
  3. Pricing Momentum:

    • If prices in Yorktown Heights continue to rise into the spring, waiting could allow you to capitalize on increased demand and higher comparable sales.

Key Factors to Consider

  • Market Trends: Is inventory in Yorktown Heights currently low? If so, listing now might be advantageous. A market analysis can help determine whether waiting for spring activity is worth the potential competition.

  • Personal Timeline: Do you need to sell quickly, or can you afford to wait? If timing isn’t a major issue, waiting until March or April could align with peak activity.

  • Home Preparation: Is your home ready for market now, or would waiting give you time to enhance its appeal? A well-prepared home often sells faster and for a higher price.


Recommendation

If your home is move-in ready and the Yorktown Heights market is experiencing low inventory, listing now could be a strategic move. However, if your property needs work or you're aiming to maximize visibility, targeting late March or early April might be more advantageous.

Would you like a market analysis or advice on preparing your home for sale?

CALL ME AT 845-590-5488 OR EMAIL ME AT TSAN25@AOL.COM

LOOKING FORWARD TO WORKING WITH YOU!!!

Comments(1)

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Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Thomas - this is a common question from wannabe sellers.  What will be different in the future than now?  How it would change your life if you were list now and receive an acceptable offer?  Where are you going?  Some questions can help practitioners and participants think about the future in terms of what is happening right now.  

Jan 15, 2025 07:35 AM
Thomas Santore Lic Associate Real Estate Broker

Thank you,

Tom S

Jan 15, 2025 07:37 AM