I know what you are thinking, I am going to wait till after the first of the year or the spring to sell my home in Palo Alto. It would be stupid to list a home during the holidays, no one does that. Or no one is looking for a home during the holidays.
I need to respectfully disagree with those sentiments. I believe December is a great month to sell a home in Palo Alto, especially right after Christmas.
Here are the reasons I think selling a Palo Alto home on Dec 26th this year is a great idea.
1. The inventory has never been lower. As of today there are only 6 homes for sale in Palo Alto. A buyer's market doesn't even happen until there are over 90 homes for sale. List this month and you will have no compettion.
2. There are many people who are planning on moving to Palo Alto who are using winter break to come and look for a home. When there are only 6 homes for sale it is not hard to see how much your home will be apprectiated.
3. If you list your home on Dec 26 or there abouts, you could get the out of towners who are here over vacation looking for homes. Kepp it on the market 2 weeks with an open house the first week in Jan and then take offers the following week. This way you can also get the locals who were out of town Christmas week.
4. Registration for Palo Alto schools begins January 16th and priority registration ends Feb 14 2014 so there are many people with school age children who want a Palo Alto address before priority registration ends. Selling a Palo Alto home at the end of December would work perfectly for these families.
So in my opinion if you are ready to sell your home in Palo Alto then my suggestion is don't let a great opportunity pass you by. If you are ready to list in December, wait until after Christmas day, and then get it on the market. Your results will be very satisfying.
If you have any questions about selling a home in Palo Alto please feel free to contact me.
Marcy Moyer
Cal BRE 01191194
650-619-9285
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