In most areas, the best time of year to sell a home is during the first two weeks of May. You can expect to sell 18.5 days faster than any other month and for 5.9 percent more money. Elsewhere, early April or June is better for home sales than in May. There are pros and cons to selling spring homes.
The best time of year to sell a home is when supply is low and demand is high. The spring months are often considered the best month to sell a home. In fact, across the country, the first two weeks of May are often the busiest and most lucrative time for sellers. Before considering the pros and cons of selling during each season, research what is the best time of year to sell a home in your region.
Partnering with the right person will help you make smarter selling decisions so that you feel confident that you are selling at the right time to get the best price. Of course, seasonality isn't the only factor to consider when deciding if the time is right to sell your home. You have your own unique set of circumstances that need to be considered to help you determine when you should sell your home. Although June and July are the best times to sell across the country, they may not be the best times of the year to sell in your particular market.
For example, if August is the month when homes sell for the most money in your market, and if the average days on the market for a home like yours is 20 and the average time to close is 30 days, then June is probably the best month to sell your property (August: 50 days). The Zillow Homeowner Dashboard is the quickest way to know what month is best to put a home in your area, and it estimates the selling price of your home now versus However, just as you wouldn't want to sell a house in upstate New York in the middle of winter, it's also best to avoid selling homes in places hot during the summer months. Zillow research also shows that Thursday ads are 1.5% more likely to sell above the sale price, while homes that list on Saturday or Sunday are 1.3% less likely to sell above the The worst time of year to sell a home is December, which ties with October with a seller premium of 3.3 percent, according to ATTOM Data. This is why selling during the fall can be a good opportunity for home sellers to attract buyers with less competition.
The worst time of year to sell a home is when demand in the local market is low and the number of homes for sale is high. Either way, if you understand the pros and cons of selling in winter, it might be the best time of year to sell you a home. There's a formula I'm going to show you that will help you measure supply in your local housing market, which can help you decide what time of year to sell. Nationally, February is the worst time to sell in terms of sales price, and January is the worst month to sell in terms of speed.