A better question is " Based on current active comparable properties and based on recent sold listings can a sale now achieve my net profit goal " Only a Realtor will be able to do the research and recommend if now is a good time to sell ?
As far our local stats:
---Inventory is down 20% From last 60 days as well as this time last year
---sales and pending sales have decreased about 10% which is to be expected as we are in the seasonal transition
Spring vs. winter selling:
pros: larger pool of buyers, curb appeal can be enhanced.
cons: larger inventory for buyers to choose from
pros: less comparable inventory on market for buyers to choose from, possible more mortgage monies available, possible less title issues and closing times, some buyers look forward to moving during holiday breaks, some buyers need to buy real estate by year end for taxes.
cons: if your rural will buyers need 4 wheel drive to see your property ( weather issues ).
I hope I have passed on some knowledge to you...
Coldwell Banker PREMIER group
1351 S Jefferson
Washington, MO 63090
"Just Look For the Signs "
New Buyers with children want to move in the summer before school starts.
Also Sellers can show off their landscaping or backyard bbq for new buyers.
When you do put your house on the market, make sure all the small stuff is taken care of.
Like new paint or carpet to brighten up the rooms.
My professional answer is that if your home is ready to list, do not wait! This market is much different than any other and mosdt peole would wait until the Spring. many buyers are still out there and if your home is not up for sale, it cannot sell. Another way to look at it is if sellers do things like in the past and wait, there will be much less inventoory and therefore competition. If you do list your home, make sure that it is staged, decluttered and shows its best.