If you’re considering selling your home now rather than waiting until spring, you’re making the right choice. Inventory is even tighter in 2019 than it was in 2018. We have buyers anxiously waiting for home to go on the market.

As you know, the price of any item (including residential real estate) is determined by the theory of ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.

The supply of homes for sale dramatically increases every spring, according to the National Association of Realtors (NAR). As an example, here is what happened to housing inventory at the beginning of 2018:

Putting your home on the market now, rather than waiting for increased competition in the spring, might make a lot of sense.

Bottom Line

Buyers in the market during the winter are truly motivated purchasers and they want to buy now. We are finding that to be especially true in the Santa Fe, New Mexico market. With limited inventory currently available in most markets, sellers are in a great position to negotiate.

Call us today for a no obligation, no pressure meeting to discuss your options and home pricing. We’re here to help! 505-504-1101