12 Pros & Cons of Buying a Home in the Winter

Posted by Andrew Fortune on Monday, December 18th, 2017 at 6:49am. 12,148 Views

12 Pros & Cons of Buying a Home in the WinterIf you ask most real estate agents about the best time to sell your house, you'll likely hear "in the spring and summer months.” In Colorado Springs, our real estate market's overall sales nearly double from winter to summer. For this reason, there is a big difference in sales between these times of the year. 

For most cities, the summer months tend to have many more homes sold than the winter months. This causes some people to think that the summer is the best time to buy or sell, but it's more complicated than that. A townhome downtown might not have a problem selling in the winter, while a 5-acre horse property may have little chance of selling. It really depends on the unique circumstances of each deal.

This article is not meant to persuade you to buy a home in the winter, as many internet articles are. It's designed to reveal the pros and cons equally so that you can evaluate your situation and determine what works best for you. As we go through all the pros and cons of buying a home in the winter, be sure to stay objective and truly understand the costs/benefits of this topic.

This information will also change depending on the area. If you live in an area that receives heavy snow during the winter months, you'll notice a big difference in over sales for your area. Cities in areas like Florida that receive no snow during the winter months can actually see a spike in home sales. In Colorado Springs, our market sells nearly half as many homes in the peak of winter as in the peak of summer.


Pros of Buying a Home in the Winter


Seller MotivationSince most REALTORS® advise sellers to wait until the spring to list their homes for sale, it's likely that the seller of the home you're interested in really needs to sell now. This can make negotiations much easier. It doesn't necessarily mean that you can come in and lowball everything, but you do have more leverage when the seller does not have multiple offers.


Less CompetitionSince there are fewer buyers looking at homes in the winter, it’s less likely that you will have to compete in the same way you would in the summer months. The pressure to view a home on the exact day that it comes on the market is much less intense. Less competition may mean that you can take your time and not be rushed to make an offer right away.


More Attention from RealtorFewer buyers in the winter typically means slower times for real estate professionals. During the peak of summer, real estate agents get slammed with showing requests. We typically only work with six buyers at a time to make sure that we are available. If you are working with a REALTOR® who is overbooked in mid-summer, it can be hard to receive the best service. The winter months are much easier for real estate professionals, so you're likely to get more attention and one-on-one advising.


Lower Median Sales PriceIn January 2017, our median sales price was $265,000. By June 2017, it had risen to $285,250. That's an 8.1% price increase. By last month (October), it had already dropped back down to $280,530. This is a predictable pattern. With more competition come higher prices. Bidding wars and multiple contracts are very common at the height of the market. It's likely that you will pay a little less for a home in the winter than in the summer months.


Easy to Find ContractorsMany people who buy older homes plan to do some remodeling. If you need to remodel before you move in, you will have to engage an aggressive contractor. Unfortunately, contractors can be very hard to find in the summer months, especially in Colorado Springs. If you're planning to buy a home and remodel it, you'll probably have an easier time doing it in the winter months when contractors’ work is slow. You may even get a better price on your remodeling in the winter.


Less Crazy Market ConditionsWith the number of home sales doubling from winter to summer, the real estate market can become crazy. Buyers may decide to write contract-waiving inspection contingencies and appraisal clauses that they would never do without the added pressure. When the market moves fast, buyers have to move faster. This makes the whole process feel out of control and chaotic. For some buyers, this is the number one reason they decide to wait until the winter to buy a home.


The Cons of Buying A Home in the Winter


Impossible to Inspect Certain ItemsFor me, the number one con of buying a home in the winter is that it's really hard to inspect the exterior of the home. If there has been a snowstorm, it's nearly impossible to determine the condition of the roof with the snow on it. Roof repairs are the number one item that inspectors find in Colorado Springs because we have significant hail damage from past years. It's also impossible to check the air conditioning unit because inspectors can't run and test the outside units in cold weather.


Fewer Homes on the MarketThere are half as many homes on the market in the winter as there are in the summer, so your chances of finding that unique custom home are less likely in the winter. If you have very specific search criteria that are hard to fulfill, you're twice as likely to find that unique property in the summer months, when the listing inventory doubles.



Hard To MoveLet's face it. Moving in the winter sucks! It’s especially difficult during a snowstorm. Having movers bring boxes in and out of your house while it's freezing outside is very difficult. Snow will end up getting into everything and then melting inside the house. The hassle of dealing with snow and moving is enough for some to wait until spring, especially in snowy areas.



Hard To Evaluate LandscapingI bought my last house in November, and all of the landscaping was barren for the winter months. I was pleasantly surprised when spring came around and all of the beautiful landscaping came to life. I've also experienced the flip side of that when spring came around and I noticed that some of the trees were dead. It's nearly impossible to tell what the landscaping around a home is going to look like in the summer when you are deep in the winter months.


Less Daylight for ShowingsAfter the fall daylight saving time change, Colorado Springs starts getting dark around 5:30 p.m. In the mountains, it can be as early as 3:30, depending on where the property is located. This makes it much more difficult to view homes in the evening. In contrast, in the summer months, it will stay light until around 9:00 p.m. The lack of daylight can easily put a squeeze on your showing schedule in the winter.


Changing schools is hardFor families with kids in school, changing schools mid-term can be very disrupting. This is one of the main reasons there are so many more homes sold in the summer months when kids are out of school. The school year schedule has a large impact on the local real estate market across the whole United States and is a major factor in the increase in sales during the summer.


Final Thoughts

The best piece of advice that I could give any home buyer reading this article is to find a REALTOR® who you feel comfortable with and trust. They will help you work through all of your specific details to come up with a plan of action, whether that means buying in the winter or just finding a home to rent for now. A good REALTOR® will make sure that you are aware of all your options and they'll help you look out for your best interests. 


12 Pros & Cons of Buying a Home in the Winter

Andrew FortuneHi! I'm Andrew Fortune, the founder of Great Colorado Homes and the creator of much of the content on this website. Thanks for taking the time to read this article. Please feel free to share this article with someone who might benefit from it. I appreciate your time here on this site and am always open to suggestions and ideas from our readers. Feel free to leave a comment in the box below.


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13 Responses to "12 Pros & Cons of Buying a Home in the Winter"

Becca Holton wrote: I was thinking about waiting until the early summer time to buy a home. However, I'm beginning to change my mind after learning about some of the pros of investing in a house during the winter. It sounds wonderful to have work with a realtor who isn't slammed with showing requests.

Posted on Tuesday, December 19th, 2017 at 2:05pm.

W Properties OK wrote: Less daylight for showings is a huge negative. Especially when looking in the cold, you feel rushed. On the othe rhand, buying when sellers are more motivated is well worth it

Posted on Saturday, December 30th, 2017 at 9:48pm.

industrial contractor @azimuthbuilders wrote: We are on the verge of buying a new home this winter. Your tips are really helpful and easy to follow. Thanks for sharing this article with your readers.

Posted on Tuesday, January 9th, 2018 at 4:01am.

Derek Dewitt wrote: I didn't realize that buying a home in the winter was so beneficial. My wife and I are planning to move soon, so this is good to know. I like your point about how there is less competition because most people move in the summer. This sounds like a great way to get a house for cheap.

Posted on Tuesday, January 30th, 2018 at 11:36am.

Carolyn wrote: In the UK, the winter is the time to pick up a bargain. Not everyone likes house hunting in the rain unlike in the summer

Posted on Wednesday, January 31st, 2018 at 3:38am.

we buy houses phoenix wrote: Great infographic, looks clean and clear.

Posted on Tuesday, February 27th, 2018 at 2:54am.

Greco wrote: Thanks for putting these things into perspective. I really like that tip about how there would be less competition. For that point alone, I would be more inclined to try to sell during winter.

Posted on Tuesday, March 13th, 2018 at 2:11pm.

Taylor Bishop wrote: Thanks for explaining some pros and cons to buying a home in the winter. I actually didn't know that you could potentially pay less in the winter time for a home. This sounds like it could be a good idea if you have a strict budget that you need to adhere to.

Posted on Thursday, March 22nd, 2018 at 10:47am.

Derek Dewitt wrote: I never realized that buying a home in the winter could be so beneficial. My wife and I are planning on moving this year, so thanks for sharing this. I like your point about how there is less competition during the winter compared to the summer. This sounds like a good way to ensure we find a house we like without worrying about better offers.

Posted on Tuesday, May 29th, 2018 at 6:43am.

Taylor Bishop wrote: I actually didn't know that there's lower competition in the winter. If that's the case, I wonder if it could be a good time to look for homes in more populated areas. This could be helpful if it happens to be closer to where you work.

Posted on Thursday, May 31st, 2018 at 10:36am.

Derek Dewitt wrote: My wife and I want to buy a home this year, so thanks for sharing this. I like your point about how you get more attention from your realtor when buying in the winter. I can see why this would make it easier for us to find a house and avoid the crowds, so we might wait until the winter.

Posted on Tuesday, July 10th, 2018 at 10:37am.

Derek Dewitt wrote: My wife and I want to buy a home later this year, so thanks for sharing this. I like your point about how it's easier to find contractors in the winter. We'll definitely consider getting any repairs done during this time.

Posted on Monday, July 23rd, 2018 at 8:55am.

Adrienne Miller wrote: Enjoy your content! Well thought out and organized (easy to read)! I'm a Realtor up in Broomfield. I will share your blog post on my social media and hopefully drive some traffic your way. Great job!

Posted on Wednesday, December 12th, 2018 at 8:00pm.

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