SPRINGFIELD, Mo. – The weather has been beautiful and realtors are saying it’s having a great impact on home sales. According to the Greater Springfield Board of Realtors sales are were up more than three percent this January compared to last January and up more than 26 percent already this February.
If you’re thinking about listing your home you may think it’s better to wait until spring but with the recent spring-like weather realtors are saying don’t wait, list it now.
“The nice weather has completely changed the market. Literally, January and February are shocking all of us,” said Brett Reinhart, MLS Greater Springfield Board of Realtors Realtor.
“It’s been great and wonderful. Really good for sales although we’ve got really low inventory,” said Mark Sponsler, Coldwell Bankers Broker Salesperson.
Reinhart said low inventory is typical during the slow months of November through February.
“Because of the typical being cold so now more people are starting to list because they’re seeing the temperatures affecting the market,” Reinhart said.
“You’ve got fewer buyers out looking but the buyers out there are serious,” said Sponsler.
Sponsler said this warm weather means those serious buyers are actively out looking.
“The open houses are better attended during better weather. Everybody is getting spring fever and wants to get out and look around,” Sponsler said.
“If it’s raining on a Sunday when most people do open houses, not going to have that good of luck. If it’s freezing cold, snow on the ground but this year we’ve had none of that so it’s good,” said Reinhart.
Reinhart said typically people don’t list their homes for sale until spring but he said if you’re interested in selling your home don’t wait.
“The faster you get it on the market the better chances you have. Come spring time you’re just competing with more people,” Reinhart said.
Realtors said the past few years have been good but Reinhart and Sponsler are hopeful this year will be a record breaker.
“It’s starting off really well. We’re hopeful. Right now, if I were to do a prediction I would think 2017 will be a banner year,” said Sponsler.
Sponsler said because of the low inventory houses in the $100,000 to $200,000 range are edging up a bit so just another reason it’s a great time to list your home.