According to a new Zillow analysis, listing a home toward the end of spring significantly increases a seller’s chances of making this happen. In all but five of the country’s 25 biggest metro markets, the best month to put a home on the market is April or May. Homes listed in the first half of May sold nine days faster and for almost 1 percent more money than average listings.
The low supply of homes on the market has pushed the ideal window later in the spring. Many buyers who start searching for a home in early spring may need to look at several homes and make multiple offers, and may still be shopping a few months later. Historically, May is the most active month for buying and selling because by then some buyers with children are eager to get settled into a new home before the next school year — and will be more willing to pay a premium to close the deal.
If you’re considering listing your home for sale, now’s the best time to do it. For the second year in a row, listing near the end of the selling season looks to be the best option for those sellers looking to both earn the highest return on their home and sell it quickly.
Krueger Real Estate employs a unique and proven strategy to list and sell homes quickly, for the value they deserve. Interested in talking to one of our expert listing agents? Send us a message here.