Most homeowners believe that the winter is not a good time to sell. This belief is based on the fact that, historically, the number of buyers decreases in the winter and then increases dramatically during the spring buying market. Though this is still true, there is an interesting pattern developing over the last few months. And in Bentonville, homes continue to appreciate at a higher than average level.
The number of prospective purchasers actively looking at a home (foot traffic) has remained strong going into the fall. As a matter of fact, the foot traffic far exceeds the numbers reported for the same months last year (see chart):
At the same time, the National Association of Realtors revealed that the months’ supply of housing inventory has decreased from 5.5 months to 5.3. That equates to less competition for homeowners selling today as compared to next spring when many homeowners will decide to put their home on the market.
Bottom Line
Since buying activity is still strong, this might be a great time to put your house on the market. When there are less homes available, your home stands to get more attention! Call the Burnett Real Estate Team today to find out more about what we can do to help you sell your home quickly and easily! We provide comparison reports to help you better understand the market for your home, marketing including a full-time marketing assistant who works to help promote your home, and a solid sales force that will help match the right buyer with your property.
Call us today at 479-657-6642 to arrange to meet with one of our team members! Be sure to ask about our free guide to selling your home – there’s no strings attached and the document can be emailed to you for immediate review! You can also email us at [email protected] to get a copy emailed to your inbox!
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