If you have been considering selling your Frisco, Texas home, you might be wondering whether you should list your home for sale now or wait until the New Year.

In this blog post, I will provide you with 3 reasons why waiting until the New Year might not be in your best interests.

Get Ahead of the Competition

Despite headlines of doom and gloom, Frisco’s real estate market has remained quite active.

Home prices are currently 2.8% higher than at this time last year, but the number of homes for sale is nearly 25% lower than a year ago.

Frisco homeowners tend to be less inclined to list their property towards the end of the year as the holiday season tends to keep people occupied, leading many to delay selling their homes until the fresh start of the New Year. However, this presents you with a golden opportunity to gain a competitive edge.

Selling your home now, while others may choose to hold off until after the holiday festivities, can position you one step ahead of your competition.

Get Your House in Front of Eager Buyers

Frisco's real estate market is still grappling with limited inventory. This means there's an insufficient number of homes available for sale at present, even with mortgage rates remaining high. While some buyers might delay their plans until January, others have pressing personal reasons or significant life changes that compel them to move.

These motivated buyers will continue their search later in the year and are likely to act swiftly when they find the right property. Unfortunately, they will face the challenge of a limited inventory to choose from. As pointed out in a recent article from Investopedia:

"... if your house is up for sale in the winter and someone is looking at it, chances are that person is serious and ready to buy. Anyone shopping for a new home between Thanksgiving and New Year’s is likely going to be a serious buyer. Putting your home on the market at this time of year and attracting a serious buyer can often result in a quicker sale."

Leverage Your Home Equity

It's crucial to note that homeowners in Frisco currently enjoy record levels of equity. According to CoreLogic, the average equity per mortgage holder has surged to nearly $290,000. This means the equity you've built in your Frisco home can provide a significant down payment for your dream home.

While considering the reasons to sell before the year's end, don't forget what initially prompted your desire to move. Perhaps it's time for a new home in a Frisco neighborhood that better suits your preferences, offers the perfect space for you and your family, or accommodates your evolving needs over time. As a local Frisco real estate agent let me help you assess your home equity and strategize how to use it to achieve your goal of making a successful move.

CLICK HERE to Instantly See How Much Equity You Have in Your Current Home

In Conclusion

Listing your home for sale in Frisco, Texas before the New Year offers unique advantages. You'll face less competition, attract motivated buyers, and potentially leverage your substantial equity gains. Schedule a Call and discuss working together to accomplish your goals before winter takes hold of this dynamic market.

Newest Frisco Homes For Sale


Want to Stay up to Date on the Latest Market News?

Become Part on my Weekly Email Community