So, you’re ready to put your home on the market to sell. Congratulations! All your paperwork is in order, your property is in tiptop shape, and you’ve decided on a listing price. But now you may be wondering, when should I list it? Below, we’ll highlight experts’ recommendations about the best times to list your home.
Experts suggest that Spring is the best time to sell, specifically March and April. According to expert data, a typical U.S. home in April or March will sell 14 days faster and for nearly $3,000 more than if the same home was listed in November. The warmer weather and new plant growth make people feel more excited about being outside and browsing houses. Since the days are longer, your home will be filled with natural light, making it feel more open and inviting to potential buyers.
The summer is also considered a more active season for selling for many of the same reasons. The summers also provide more flexibility with school breaks, an important factor for buyers with children.
Experts also recommend listing your home on a weekday instead of a weekend. Homes listed during the mid-week, like Tuesday, Wednesday, or Thursday, sell two days faster and for $1,700 more than one listed on the weekend. This gives potential buyers more time to view the listing, speak with their agents, and schedule a tour for the weekend.
Speaking to experts, such as your Real Estate Agent or Loan Originator, is always recommended before you and your family make the decision to sell. The COVID-19 pandemic has affected both national and local housing markets in unexpected ways. Inventory and supply conditions have created a stronger seller’s market than previous years.
As we move into the winter months, it’s a great time to review everything you need to be in a good position before you sell during the Spring, such as organizing your documents or scheduling maintenance. Contact us today to be put in touch with a knowledgeable Loan Originator that can help walk you through the changing market.
Homestead Funding offers exceptional customer service and a convenient mortgage process. Whatever your financing needs, our goal is to exceed your expectations.