Where do Buyer's Come From?
We are often asked by clients where buyers are coming from. According to recent data from the MLS, the majority of home buyers in the West Kootenay are from within the region itself, with 73.2% of buyers originating from the West Kootenay area. This indicates a strong demand from locals who are choosing to stay in the area or move within the region. Interestingly, the next largest group of buyers are from Vancouver, making up 9.9% of total buyers. Many people from Vancouver are drawn to the slower pace of life and the natural beauty of the West Kootenays, and are willing to make the move to enjoy the Kootenay lifestyle and more affordable housing opportunities. It might seem surprising that the majority of home buyers in the West Kootenays are locals staying within the region. After all, the West Kootenays is a relatively small area,and it might be assumed that most people who live here have already settled down and purchased a home. The West Kootenay area has a lot to offer in terms of quailty of life. With access to outdoor activities like hiking and skiing, as well as a thriving arts and culture scene there are plenty of reasons for locals to want to stay in the area . If you have any questions about moving to or relocating within the Nelson area reach out!
January 2023 Sales Statistics
Another month has gone! January market statistics have been released by the Association of Interior Realtors. Click the link to see the full report. Kootenay Market Stats
Winter Home Sales: The Advantages of Listing Your House for Sale During the Cold Months
Winter may not seem like the ideal time to list your home for sale, but there are actually several advantages to selling during the winter months. From less competition to motivated buyers, there are several reasons why winter can be a great time to sell your home. Less Competition One of the biggest advantages of listing your home for sale in the winter is that there is less competition. Many homeowners believe that spring and summer are the best time to sell, so they hold off on listing until the warmer months. However, this means there are fewer homes on the market during the winter, making your home stand out more to potential buyers. Serious Buyers Another advantage of listing your home for sale in the winter is that the buyers who are looking during this time are often more serious about buying. People who are looking for homes during the winter months may be in a hurry to move for work reasons, or they may have found their dream home and want to make a quick decision. Either way, serious buyers can lead to a faster and smoother sale process. Listing your home for sale in the winter may seem like a daunting task, but it can actually provide several advantages. From less competition to motivated buyers, winter can be a great time to sell your home. If you are thinking about selling your home, don't let the cold weather hold you back! Consider listing your home for sale this winter and take advantage of these benefits. If you have any questions about the listing process please reach out to us. At Bennett Family Real Estate we understand that selling your home can be a complex and stressful process. That's why we're here to help make it as simple and straightforward as possible. Our team of experienced real esate agents is dedicated to helping you sell your home quickly and for the best possible price.
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