Figuring out the right time to sell your home can help maximize the sale price and take stress out of the process. Generally speaking, according to data gathered by Zillow, the best time to sell a home to maximize return and minimize time on the market is May 1 to May 15.
- Homes sold in the first half of May sell six days faster and for $1,600 more than the average listing.
- Homes listed on a Saturday receive an average of 20% more views in the first week on the market compared to homes listed on Tuesdays.
With that being said, market circumstances influence timing. Some of these circumstances include job growth, mortgage rates and tax incentives.
With tax refunds in their pockets, nicer weather for moving in the forecast, and summer break from the kids’ school coming up, it’s easy to see why spring is typically the most popular time to buy and sell.
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