Could Listing a Home Benefit You This Holiday Season?

As the year draws to a close, we reflect on the lessons learned in 2023. There’s never been a year quite like this one, and in real estate, it’s a different game out there. 

Listing your home for sale during the winter was previously thought to be a disadvantage, but in today’s competitive market, it can be a powerful differentiator.

Here’s why:

• Homes continue to sell above list price because of limited inventory. A whopping 28% of homes are now selling above asking price—up from 24% last year, presenting the possibility to secure an above-ask offer leading into the new year.*
• In a market where the demand for homes is surpassing the available supply, choosing to sell your home during the holiday season may offer an advantage with fewer competing listings. This is highlighted by a notable 5.7% decrease in the overall housing inventory compared to the previous year.**
• Homebuyers are serious, having navigated through months of bidding wars where homes typically receive 2.5 offers.* Eager to settle into their dream home in time for the new year, they’re ready to make swift decisions.

Could listing or buying a home benefit you this holiday season? Reach out to Marks Realty Group today to unwrap the possibilities!