Why it makes sense to sell my home this holiday season.

Why It Makes Sense to Sell Your Home This Holiday Season with Nathalie Boss real Estate in Seattle and Redmond wa

You don’t want to miss the great opportunity to sell your home you have right now

If you’re one of the many homeowners thinking about taking your house off the market for the holidays, hang on. You don’t want to miss the great selling opportunity you have right now. Here’s why this month is the optimal time to make sure your house is available for holiday buyers.

The latest Existing Home Sales Report from The National Association of Realtors (NAR) shows the inventory of houses for sale has dropped to an astonishing all-time low. It now sits at a 2.5-month supply at the current sales pace.

Why It Makes Sense to Sell Your House This Holiday Season | MyKCM

Historically, a 6-month supply is necessary for a ‘normal’ or ‘neutral’ market. When the supply of houses for sale is as low as it is today, it’s much harder for buyers to find homes to purchase. This means competition among purchasers rises and more bidding wars take place, making it essential for buyers to submit very attractive offers.

Prices rise and sellers are in the best position to negotiate deals

As this happens, prices rise and sellers are in the best position to negotiate deals that meet their ideal terms. So, if your neighbors decide to remove their listings this season, your house may quickly rise to the top of a holiday buyer’s wish list if you stay on the market.

Today, there are many buyers who are ready, willing, and able to purchase. Record-low mortgage rates and a year filled with unique changes have prompted buyers to think differently about where they live and to take action. The supply of homes for sale is not keeping up with this high demand, making now the optimal time to sell your house.

Bottom Line

Home prices are appreciating in today’s sellers’ market. Making your home available over the next few weeks will give you the most exposure to buyers who will be actively competing against each other to purchase it.

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