A lot of people believe that real estate goes dead during the late Fall and Winter, especially here in the Washington DC Area. People are hesitant to try to sell their Washington DC area House during the Fall and Winter because of this.
However, the myth that the real estate market goes stale during the Fall and Winter is just that… A myth! And while most home sellers want to celebrate the holidays in peace and most buyers do not want to even contemplate moving over the holidays, there’s the upside of home sales at this time of year.
In late November, December, January, and February there isn’t as much on the market. So if you’re trying to sell your Washington DC area house, this is an opportunity to capture the interest of serious buyers with little competition.
And if you’re a home buyer, you’ll know that if a house is on the market during these months, the sellers are extremely motivated. This is also the time of year that prices do not go up, so you should be able to get a good or a great deal.
Keep this in mind when you’re trying to sell or buy property in the Washington DC area this Fall and Winter!