The Truth About Timelines

I’ve had more conversations this week about listing timelines then I’ve had in two months combined. Everyone likes to quote “List after the Superbowl”, “Jump on in the Spring”, or in our waterfront market “Sell in Summer”. Here’s the thing…our housing market is much like the stock market, it goes up and down and up and down and often in a cyclical manner. Like the stock market there are highs and crashes, good days and bad, however, what people fail to remember at times is that we can track these and the curves remain similar most of the time, but the timelines don’t always do that. So here I am, nerdiness showing for the day, to explain what’s up.

The trend for the last few years is we have a busy market through the first week of December, some slack through mid January and then start an upward climb on our upward projection of showings, offers, listings, etc. This year has been WEIRD. Most agents will tell you our October-December were dead. Small amounts of activity but nothing like our normal fall. However, this past week and a half has been INSANE! More business then we’ve had in a month. So the climb is starting early, and the weather is not the cause, because as we all know, Chicagoland is back to being the frozen tundra we know and love (or love to hate in the winter). So, that being said, our peak is typically in June with the downward trend starting in July. It’s possible this year that we may peak early, or we may just enjoy a longer selling season then has been normal.

Bottom line___________________Get your house ready for sale if you’re thinking about it. Get it on ASAP and enjoy this early rush! As always, me and my lovely team of awesome people are happy to help any way we can. Enjoy this while it lasts, I know I am!