Real estate agent Karin Venditti of Realty Seven has a tough time selling homes during the winter. Snow on houses is not attractive, and potential buyers do not get the best impressions of properties, Venditti says. "Houses show better when the grass is green and flowers are out," she says.
Like the rest of the country, Wilton's market took a hit in January with the many snow and ice storms. Median sales prices fell 11.5 percent, compared with the previous quarter, according to Trulia.com . Last year, Wilton experienced a 9.3 percent decrease in median sale prices in the same quarter, Trulia.com says.
Agents sometimes hold off on listing houses in winter or even take the homes off the market until the season changes, Venditti says. Waiting to show a house until the spring allows homeowners to fix any snow or ice damage snow, such as leaks .
Sales statistics zigzag from month to month and don't measure the value of individual homes, but they show a trend. The number of homes sold dropped more than 3 percent a modest decline, compared with bigger declines in some nearby towns.
Wilton's price history over the past 10 years shows a town that didn't accelerate much during the boom and hasn't suffered a painful bust. Over five years, Trulia.com says, the median price is down 11 percent. The most recent median sales price for the town is $721,000.
Although this winter has been tough for real estate agents in Wilton, Venditti says it always improves. Last year, sales in Wilton climbed every month from April to June, according to Trulia.com.
Have you ever tried to buy or sell a home during the winter? Did you have success? Let us know about your experience by commenting below.
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