Why Winter Is The Worst Time To List Your House In Bridgeport

Why winter is the worst time to sell a house in Bridgeport Connecticut

Think Twice Before Listing A House in The Winter

According to a report published by Business Insider, the colder months of winter is the worst time to list your house in Bridgeport, CT. There are many reasons that contribute to this. Keep reading to learn more about what you can do about it in our latest post!

For many people looking to sell a house in Bridgeport, summer may prove to be a much easier time. With the kids out of school, fewer holiday events, and more time to browse, many buyers will wait until the warmer months to list their house with a Bridgeport real estate agent. You may have heard that winter is the worst time of year to sell your house.

When you look at the facts, you will likely find this to be true. While houses do sell during this time of year, it often takes longer and will provide you with less of a profit. Between all of the time commitments, bad weather, and shorter days, selling your house on the MLS can be tough. Houses will stay on the market for much longer, increasing your holding costs and reducing your overall profit. Below are a few reasons why you shouldn’t list your house in Bridgeport and why you should consider a direct sale instead!

Fewer People Are Out Actively Looking

On average, there are fewer people out there looking to find a house, buy it, and move in during the winter months. You won’t have as large of a pool of buyers and the ones you do find may sense that you are desperate to sell, resulting in much lower offers. Besides the cold weather you have the post holiday blues to contend with.  As potential buyers realize they may have to wait a few months because they overspent during the holiday season.

Most home sellers will wait until the summer months when the kids are out of school, and there is less going on in order to get a shot at full retail value. Looking at houses and moving can be much easier during the summer, bringing more buyers to the table. If you need to sell a house fast during the winter months, working with our team can help to provide the solutions you need!

A recent ATTOM Data Solutions analysis found that seller premiums were highest in June (9.2%), May (7.4%), and July (7.3%). The median sales price for homes sold in June was $200,000 with an AVM of $183,124 and homes sold in May had a median sales price of $190,000 and an AVM of $176.875 — meaning that, on average, homes sold for more than what they were valued at.

Daniel D'Ambrosio, Real Estate Investor Tweet

It’s Cold Out There!

its cold out there in Bridgeport Connecticut

In many parts of the country, including Connecticut, the cold weather keeps people indoors. They aren’t out and about, attending open houses, seeing your for sale signs, or thinking about giving up the comfort of their current property. If you live in a place with snow and ice, people are going to stay home. It is very rare you will find people who are deliberately trying to pick up and move during the holiday season! People hibernate, staying indoors and not thinking too much about buying a new house in Bridgeport, CT.

The Post Holiday Blues

The holidays can be an expensive time of year. Between the gifts, food, events, decor and other holiday expenses, people aren’t always thinking about saving up for a new home. In fact, it is this time of year that many people find themselves taking on debt and maxing out their credit cards. Money can be tight during the holiday season. More people find themselves dipping into their savings, instead of adding to it to invest in a new home. Working with a professional home buyer such as CashOfferOnHouse will allow you to receive an excellent offer for the property no matter what time of year it is!

Selling a property by way of the traditional method is already cumbersome in itself. Now you add in those brutal cold winter months across the country, selling is nearly impossible in a timely manner. If a homeowner needs to sell during this time, working with a professional cash home buyer just might be their best option.

Rob Morris, Real Estate Consultant Tweet

Busy Time of Year

Between everything else going on, buying a home may not be the easiest task. Finding and buying a home can take a lot of work and most people aren’t up to the task this time of year. There are Christmas parties, family get-together’s, and a whole host of other events that keep people busy during the winter months. Finding and buying a house in Bridgeport isn’t likely going to be a high priority for prospective buyers. As such, hiring a real estate agent and trying to find the right buyer may not be the best option for homeowners who need to sell a house fast in Bridgeport.

Sell Your House Anyway!

While winter is a historically difficult time to list a house in Bridgeport, working with a trusted cash buyer such as Cash Offer On House will give you a great price and a fast sale, no matter what time of year it is. We will buy your house directly, even when it’s cold! Don’t let a slower market stop you from selling! Get a fair, all-cash for your house in only a few short days! We buy properties in any condition and we will handle all of the clean-up, repairs, and paperwork. If you find yourself having to sell a house fast in Bridgeport during the winter months, working with our team will likely be the best option for you! Get in touch with our team today to run the numbers for your property. You might be surprised at what a direct sale to our team can do for you!

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Don Phelps

Don Phelps

Don Phelps is Director of Marketing at CashOfferOnHouse.com, the real estate investment company that specializes in buying houses for cash in “as-is” condition. His focus is educating homeowners on navigating the complex and challenging world of selling real estate with confidence and ease. Don has worked on projects for numerous organizations and has a particular passion for real estate investing, SEO and football. Don's writing has been featured in Thrive Global, Activerain, Realtor.com, Today.com and Doffitt.com.

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