Three Reasons to Sell Your Long Beach Island Home This Winter

High Tides Digital Marketing
Dec 7, 2019
2 min read

Selling a Home in the LBI Real Estate Market Over the Winter

Three Reasons to Sell Your Long Beach Island Home This Winter

Selling a Home in the Long Beach Island Real Estate Market

Timing can be everything in the Long Beach Island real estate market. Buyers and sellers should realize that the market and the economy center around the busy summer season. Therefore, there are better and worse times to be in the market. While it is true the LBI real estate transactions take place all year, there are three reasons to sell your Long Beach Island home this winter. They are:

Inventory on Long Beach Island is low at the moment
We are coming into what is historically a strong season for sales in the LBI real estate market
The middle of winter sets buyers up for a spring closing, which can incentivize them to secure a transaction.

Three Reasons to Sell Your Long Beach Island Home This Winter

Of all the reasons for a seller to list their property this winter in the LBI real estate market, the lack of inventory tops the list. Inventory levels are low. Plain and simple. In fact, over the past 60 months, there have only been five months that show lower inventory levels that we see today. The lack of homes for sale makes a strong argument to list your home for sale. Secondly, buyer activity is usually robust in the winter. We see a lot of buyers enter the market in January and February. As such, having your home appear as new in the LBI real estate market can draw special attention. Following on the trend of seeing more buyers in the winter, we see more serious buyers in the winter. A contract in January or February sets a buyer up well for an early Spring closing. This can compel a buyer to make a decision and move forward with a purchase.

Selling in the Long Beach Island Real Estate Market

While timing is crucial when selling a home in the LBI real estate market, so too is how that house will be presented. To be effective, a seller must have the right price and the right marketing strategy in place. Winter can be a great time to have a home for sale on Long Beach Island and coupled with an effective marketing plan, it can produce a transaction quickly! If you have any questions about buying, selling, or investing in the LBI real estate market, please do not hesitate to contact me.