Every year around this time is when many homeowners that have their homes listed for sale discuss with their agent whether they should just take their home or condo off the market as Christmas approaches, then come back on the market after the beginning of the new year. Many homeowners that are thinking of selling contemplate the same thing trying to decide whether to come on the market before the holidays or wait until after.
It is a well-known fact this is a slower time of the year for the St Louis real estate market, but does that mean it’s so bad that you should remove your listing from the market and take a break? Well, while a lot of people may decide to do this, often because they will have family and friends visiting or staying with them, one can make a decent argument for staying on the market around Christmas if it’s possible.
Homes and condos do sell during Christmas week…
To address the issue of whether it makes sense for a seller to stay on the market over Christmas, I pulled stats for Christmas week last year, to see how many homes and condos went under contract that week. As the MORE, REALTORS® exclusive STL Market Reports™ table shows, there were 291 listings that went under contract Christmas week 2017 in the St Louis 5-County Core real estate market.
Listings That Went Under Contract In St Louis During Christmas Week 2017
For comparison purposes, below is the table showing the number of homes and condos in St Louis that went under contract during the first week of December 2017. As the table shows, there were 459 listings that went under contract during that week. So, while there were only 63% of the number of homes and condos sold during Christmas week as the first week of December, it still shows it’s a relatively significant amount of sales for a week that many agents and sellers have very low expectations from.
Listings That Went Under Contract In St Louis During First Week in December 2017
