According to a 2013 study by online real estate brokerage firm, Redfin, stronger housing markets including Boston, see a sales advantage when listing during the winter months compared with any other season. This could be because typically many sellers will pull their listings during the holiday season, decreasing inventory and competition for those remaining on market or because Boston sees many corporate, academic and medical transfers during these months coming in after the first of the year.
This information combined with data suggesting that Boston continues strong growth in the million dollar luxury market with millenials now joining the ranks of buyers means more opportunity for sellers than that seen in previous years.
Bundle in historically low interest rates making home owning more desirable and less expensive than renting in many markets, and you’ve got a potentially great holiday bonus when you list your home at this time of year.
To understand the value of your home and market trends in your neighborhood, contact Michael Carucci directly at 617-901-7600.