List My Home In The Fall!!! What's The Point?

By
Real Estate Agent with Real Estate Marketplace - Louisville KY

fall tree leavesList My Home in the Fall! What's the Point?

Well... The Skinny... Listing your home for sale in the Greater Louisville Area during the fall months is just as effective as listing in Spring!

Hard to believe? Not surprising really... it seems to be bred into us that the selling season ends with kids returning to school.

 

Don't tell that to the nearly three thousand Louisville homeowners who listed between September 1st & November 30th 2009 and successfully sold their homes (on that attempt)! Of these 2,796 homes that sold, 66% of them sold in under 90 days on the market. Not gonna hear that on CNN...are ya?

Since the housing market slowdown, Louisville's sales history show that sellers have only an 11% increased chance of selling when their home was listed in the Spring months over listing in the Fall months. In 2009, 45.7% of homes listed between March & June sold during that listing period as compared to 41.2% for homes listed between September & November.

I know what you're thinking...only forty-something percent sold! That's terrible! Maybe at first glance, but compare that to a ‘boom year' such as 2005. Everything sold then...right? NOPE! Those sales stats were 55.5% and 48.8% (Spring/Fall respectively) sold-to-list.

Back to the point! If you respect the market and don't grossly overprice your home, you WILL find success through listing in the fall. So go ahead...respond to that postcard, refrigerator magnet or whatever you're holding on to from your favorite Louisville Realtor! Get your home ‘IN' the market, be one of the best louisville properties for sale, take advantage of these historical interest rates, and make that move to your New Home!

For the record...that Realtor should be ME. However, I support all Realtors in Louisville and know they warrant your business too! If there is a move in your near future, contact me via e-mail, or call (502) 641-9802, to schedule your 30-45 minute consultation on home pricing, a snapshot of the market around you and let me introduce you to a marketing strategy that will represent your home at its finest! For more topics relevant to today's homeowners, visit The Louisville Drop!

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Topic:
Home Selling
Location:
Kentucky Jefferson County Louisville
Tags:
realtors in louisville
realtor in louisville
louisville realtor
louisville real estate
louisville realestate
louisville properties for sale

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Rainer
64,782
Stephen Sainte-Martin
Realty Direct Boston

Chris:

There are as tyou know peak time for sales, biut I have closed a transaction on December 31, of last year, and one in 1998 just days before Christmas.

Good post

Stephen

September 04, 2010 06:38 PM
Rainmaker
127,555
Pam Ruckriegel
Negotiating the Best Deal for You!
Louisville Real Estate Pros - 502-435-5524

Great relevant post Chris!

September 04, 2010 07:19 PM
Ambassador
495,122
Pat Haddad
Carmel IN Real Estate Expert
Keller Williams Indianapolis Metro NE

I like your attitude Chris AND your stats!!  You have made me want to check some of the areas I cover to see if I discover the same thing.  It is not all gloom and doom!!!  Thanks for giving us something uplifting to read other than all the negativity!!

September 04, 2010 09:38 PM
Rainmaker
137,349
Tre Pryor
Realtor, e-PRO - Louisville
REMAX Champions

Nice post Chris! Keep up the good work.

September 05, 2010 05:53 PM
Rainer
61,268
Chris Dugger
Louisville REALTOR
Real Estate Marketplace - Louisville KY

Stephen - I'm right there with you. Last year I was accepting an offer on Christmas Eve (both list & selling end), wrote a purchase offer on New Year's Eve and another two days later (none of which fell through, thank goodness). I'm convinced that the "off" season isn't so "off" after all!

Thanks Pam...my intention on AR is to ensure I'm writing about something of relevance...even if only two people happen to stumble across it!

Pat - I'm a stats freak. Sometimes I can misinterpret the numbers, but I am of the belief that numbers have a lot of truth in them.

Thanks Tre...it's been a rough road for me since our last business encounter! I'm just now finding my way again (thanks to some friends at Keller Williams East)!

September 05, 2010 06:25 PM
Anonymous
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Rainer
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Chris Dugger

Louisville REALTOR
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