Thursday, March 31, 2011

The Best Time To List Your Home For Sale (Surprise!)

Yesterday I circulated the chart showing home sales in Loudoun County for the last 5 years.  You probably weren't surprised.  June has the highest number of closed sales, January and February have the lowest number of closed sales. 

But this chart may present more of a surprise for some.  It is showing the cycle of new contracts.  In other words, this shows you the months the buyers are out looking for homes and making offers, and (with a little luck) ratifying contracts. 

2007: January and March
2008: January and March
2009: April, May and June
2010: March and April

2011:  Who knows... but you could be missing it right now!

While you are thinking about when you want to move, planning to repaint, packing things up into storage, and generally just waiting... people are out there buying homes!  RIGHT NOW.  TODAY. 

Vicky Chrisner

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