Why Would You Be Waiting For Spring Time To Sell Your Beachwood OH Home?
It's not a secret that many home sellers in Greater Cleveland postpone listings of their homes till Spring time. Usually it is worth it because our winters may be not so pleasant, and it's harder to show the houses during snow days.
Selling homes in winter may be also challenging because there are usually fewer home buyers on the Winter market than in Spring time.
Not this year. Working with home buyers, we run into situation when it's more buyers than matching homes. And I'm not talking about serial Deal seakers. I am talking about the first time home buyers or moving up buyers who need a good place for their families to live.
Let's look at the popular Beachwood OH Real Estate market. Per NorthEastern Ohio Multiple Listing Services (NORMLS), there were 78 single family homes sold in 2011. As of 01/28/2012, only 29 houses in Beachwood are offered for sale. Most of these houses have been on the market for a while - we see even the one with 934 days on the market. Average DOM (Days On Market) is 204, Cumulative average DOM is 249 days.
Winter Buyers' activity is pretty high, that's why we have 18 houses which are currently under the contract - in contingent or pending status. BTW most of these homes found their buyers after long time on the market - average DOM of over 230 days. That's a good news.
Bad news is that there are not enough homes for the active and ready buyers. Let's look at the market data. In 2011 therer were 31 homes sold in less than 60 days on the market. And 17 homes sold in less than 30 days!
Dear owners of Beachwood OH homes!
If you need to sell this year, if your house is in a good marketable condition, if you know that you need to move, please don't hesitate to call us and put your home on the market. 877-70-5551 x 801 is the right number to call. It's 24/7 Hotline, and we'll be happy to answer your questions about the pricing, marketability, staging and marketing for the best possible sale of your home.
Why would you wait till Spring when competition will be more harsh? Buyers are on the market. They may be waiting for your home.
Call 877-770-5551 x 801 now.
