Spring is a good time to sell your home
According to recent research, the best time to sell your property is the spring season. List your home in many areas this year in the first week of April and buy a solid. You can look at the right time to benefit from the pickup season.
Depending on where you live, you can find more serious sellers out there and fewer sellers. Results – faster sales time and lower price cuts. According to the analysis, trends in average list prices, per-property displays, declines in house prices, median days in the market and the number of listings in the market in the last three years.
“We focused on when the best time to sell would be if you want to close escrow in June,” explains Danielle Hale, Realtor.com’s chief economist. “Listing your home, the first week in April came out as the time when you would have market factors in your favor with risk aversion to price drops and the time it takes to sell. You could possibly get more money if you waited a bit, but it might take longer to sell,” Hale adds. Sellers should decide what’s most important to them when listing their property.
The figures show houses listed in the first week of April, with 14 percent more competition, 5 percent less competition, and six days faster selling. And look at $ 17,000 at an average 6 percent higher price. 29 of the 50 largest metropolises in the country have the highest list date in April.
In some markets in the country, such as Chicago, when spring is just around the corner, buyers are out of hibernation and contributing to a seriously repressed demand. Marketing Luxury Group’s founder and CEO, Michael LaFido, Luxury List Expert (LUXE): “It’s been my experience, both as a licensed real estate agent in Chicagoland and as a real estate consultant with clients across the country, that April and May are the best months to sell a home in most primary markets.”
To see the best start week to be listed, review the table below with the list price of that week, the beginning of the year, and additional data you can use to plan.
Hale of Realtor.com also notes that the best week to list varies metro by metro. “Markets, where the climate is not an issue like Miami and San Diego, aren’t driven by a typical family market.” If you’re a seller use this information to time the market.
Melike Vodina / realesatecoulisse.com