Listing Your Kelowna Home in Winter
There are many reasons not to sell your home over the winter months. It’s more of a hassle and with kids off school making it tougher to keep clean. There are fewer buyers looking because it gets dark earlier and everyone is just busies doing other things. Selling a home is something that can usually be delayed until the spring.
Serious Buyers in November and December
Smart sellers know the flip side of the argument is that the odds of generating an offer from a showing goes up sharply during the winter. Lookey loos don’t exist once it gets cold, nosey neighbours have better things to do and not-quite-ready-to-commit buyers are rare. Someone making an appointment to see a home listed for sale in December are always ready, willing and able. In other words, they’re motivated and serious.
Kelowna Real Estate October Market Report
Serious buyers already know a lot about your home prior to scheduling a showing. They’ve looked through 30-40 photos online, researched the schools, know the commute time to work and they’re experts on your neighbourhood…even if they live in another province. They can tell from looking at their apps when a home is priced well.
There were 195 residential sales last December-January and 170 strata units. That’s about half as much as we typically see during the summer but it proves that there are a lot of people on hard deadlines who need to buy right now. 190/74 There will be less competition. Last October-November saw 190 homes come off the market (plus 74 strata) meaning there is considerably less competition. This increases the likelihood of a written offer.
Thanks for reading and please share this with family or friends thinking of buying or selling