Data Says April is the Best Month to List Your Home for Sale

The spring housing market is off to the races! The inventory ofhomes for sale is increasing, buyers are out in force, and interestrates have remained low, peaking the interest ofbuyers and sellers previously on the fence aboutmaking a move.

New research from realtor.com showsthat the first week of April is actually the best time to list yourhouse for sale! The report used “trends in medianlisting prices, views per property on realtor.com, home pricedrops, median days on market, and number of listings on the marketover the last three years,” to determine a rankingfor every week of the year.

Listing your home in the first week of April contributes 14xmore property views, 5% less competition from other home sellers,and results in the home being sold 6 days faster!

Below is a graph indicating the average score for each monthof the year.

It should come as no surprise that April and May dominate as thetop months to sell. The second quarter of the year (April, May,June) is referred to as the Spring Buyers Season,when competition is fierce to find a dream home, often leading tobidding wars.

However, there is one caveat worth mentioning. When broken downby metro, realtor.com noticed that while warmerclimates share an overall trend, they have different top salesmonths. The best month to get the most exposure in Miami, FL, forinstance, is August, while in Phoenix, AZ, June leads thecharge.

If you’re thinking of selling your home this year, thetime to list is NOW! According to the National Association ofRealtors, 41% of homes sold last month were on the marketfor less than 30 days! If you list now, you’ll have a reallygood chance to sell in April or May, setting yourself up for themost exposure!

Bottom Line

Let’s get together to discuss the market conditions in ourarea to get you the most exposure to the buyers ready and willingto make a move!