Surprise: The Spring Market is HERE in Massachusetts!
Living in Massachusetts, most buyers and sellers tend to hibernate throughout the winter months. Low inventory and some warmer days haven’t stopped buyers from continuing their home searches throughout 2020’s winter months though. As more interest picks up, research suggests the Spring Market is actually closer than we thought... anticipating February to be the best time to sell.
According to the National Association of Realtors (NAR), now is the time to sell. Many homeowners hold off putting their home on the market until spring, but data has shown that it could actually be detrimental by opening yourself up to more competition from other sellers.
On the South Shore, Red Door Real Estate recommends it’s never TOO early to start planning. If you’re thinking of selling in 2020, meet with a local real estate professional to evaluate the opportunities in your market. This means nailing down what day during the week you should list. New data suggests that Thursday is the most popular day for agents to debut a new home and it gets 5 times more views than subsequent days.
Ultimately, your readiness marks the best time to sell. When it comes down to it, the best time to sell is the best time for you. All kinds of personal factors can play into your decision to sell, from job changes to family changes to just generally feeling ready.