Wednesday, November 1, 2017

Should You Sell Your North Shore Home During the Holidays?

When you think about the holiday hustle and bustle—shopping, events, decorating—it may seem like the last thing you should add to your plate is selling your home. After all, isn't spring the best time to list your home on Chicago's North Shore? In the past, that may have been the case, but this year is shaping up to be different and the holidays could end up being the best time of year to sell your North Shore home.

Why? A recent Foot Traffic report from the National Association of Realtors shows that there are more buyers out right now than there have been at any time in the last twelve months. This also means that there are more buyers currently looking for homes than there were during last year's spring real estate market!

It all comes down to supply and demand and in today's market, that means supply is currently low (with housing inventory much lower than it has been in past years) and demand is soaring!

The number of homes currently for sale is much lower than it has been in the past, but as a home seller in Glencoe, Winnetka, Deerfield, Northbrook, Highland Park, or the surrounding areas that also means you have less competition. Fewer homes for sale means fewer to compete with and if buyers decide yours is a fit, they might just spark a bidding war to make sure are the ones who get to move in!

As I mentioned above, demand is high on Chicago's North Shore! Buyers no longer look for homes during one time of the year. In fact, with smartphones, tablets, you name it, buyers can search for available properties 24/7— many even have new listings that meet their criteria emailed to them! Buyers are ready to purchase a home during the holidays if the price is right—not to mention the location and features—so you won't want to wait!

Ready to sell your home in Glencoe, Winnetka, Deerfield, Northbrook, Highland Park, or the surrounding areas? Give me a call today!

Janie Bress
Your North Shore Real Estate Expert

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