Back to the crystal ball I go....But seriously, is one season historically a better time to buy? Usually around this time of year, I get the question, "do you think the sellers will be more motivated to sell their ski condo now that the season is coming to a close?"
The answer: every seller is different and has specific motivations for selling. It is hard to make a blanket statement that would cover every sellers situation. I have always been surprised at how busy the fall seems to be, and how little is sold during the winter. There is a perception that with all of the people visiting over the holidays it must be a busy time for real estate transactions. Not true!
Lets look at the real statistics below compiled by one of my colleagues for the past 3 years and you make your own judgement:
2009:
#1 Fall 357 transactions
#2 Summer 294 transactions
#3 Spring 188 transactions
#4 Winter 134 transactions
TOTAL 973
2008
#1 Summer 243 transactions
#2 Fall 197 transactions
#3 Spring 194 transactions
#4 Winter 171 transactions
TOTAL 805
2007
#1 Spring 289 transactions
#2 Fall 250 transactions
#3 Summer 228 transactions
#4 Winter 213 transactions
TOTAL 980
Data pulled from Tahoe Sierra Board of Realtors MLS site.
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