A Look at When the Best Date to List a Home for Sale, By Market
What is the best date to sell a home? Builder Magazine’s Lauren Shanesy looks at a new report by Zillow that details the best time frame to list a home for sale in specific regions across the country. In collaboration with Hanley Wood Data Studio, Builder has created an interactive map that breaks this data down. This could mean that clients wishing to sell their home can know when the best time is to have a remodeling project completed by.
Surprisingly, even a difference of two weeks can significantly impact the number of days a home remains on the market, as well as the final amount it will sell for. By analyzing data surrounding single-family homes and condos between 2008 and 2015 within each metro, Zillow determined that nationally, the best time to list a property is in early May between the 1 st and 15 th. Homes listed within these dates sell 18.5 days faster than the national average, and for a sales premium of $1,700—or 0.9% more—than the average American home.
To learn more about this data and what it means for your clients, click below.