Well we've all heard the saying – the early bird gets the worm. Apparently this can be applied to our local real estate market. Nearly 700 College Station and Bryan homes sold in the first quarter of 2015. Representing an increase of nearly 35% during the same period just two years earlier. While this clearly illustrates that buyers are active and abundant this time of year, let's further examine why this may very well be the optimal time of the year to sell your home!
Simple Supply and Demand in 2016.
It is true that more homes overall do sell in the late spring and early summer versus January – March. It happens every year. However there are also more homes on the market during that time. Many more. Meaning increased competition if you plan on selling your home. Hard data shows that demand is strong and buyers are willing early on in the calendar year. So why not list your home now, before the supply of available homes for sale drastically increases?
Be the early bird in 2016. Get the worm.