Last Updated on June 25, 2023
40% of annual home sales occur during 4 months: May, June, July, and August. If you’re thinking about selling a home, it’s worth considering what the best time of year to list is.
Although selling a home successfully can seem like a daunting task, there are ways to make it easier. Along with hiring an agent and creating great listings, selling your home at the right time can help you find a buyer more easily and get more money for it.
In this guide, we’ll take a closer look at the best and worst times of the year to sell a house.
When Should You Sell a Home?
Generally speaking, the best time of year to sell a house is in late spring and early summer.
May is the best month of all with the highest median sales prices of homes sold. However, March, April, June, July, and August are also good choices. During these months, homes sell for more than during the fall and winter months.
Although markets vary and selling a home can be luck-based in some ways, these months are the best options to choose if you’re thinking about selling a home and want to get the timing right.
What’s the Worst Time of Year to Sell a House?
While the fall and winter seasons are generally bad times to sell a home, October and December tend to be the worst of all.
Homes sold in these months are less likely to sell for a good price and you’ll earn less on your home than if you listed during other months of the year. If you want to sell a home, it’s a good idea to avoid listing it in October or December.
What’s the Best Day to List a Home?
In addition to certain months being better than others, you may be surprised to learn that certain days are better than others as well.
Listing a home in the middle of the week on a Tuesday, Wednesday, or Thursday will usually lead to a higher selling price than if you list your home on the weekend or on a Monday.
The benefit of listing your home on the correct day and the amount of money you’ll get varies based on the area you live in. However, it’s worth keeping the day in mind when listing your home.
How Long Does It Take to Sell a House?
The amount of time it takes to sell a home can vary from between 4 weeks to 6 months on average. However, choosing to sell at the right time will make it more likely that you’ll be able to sell the home fast and start receiving offers quickly.
Working hard to create a great listing, using professional real estate photos, and staging your home are just a few of the ways that you can give your home a chance of selling in record time. Additionally, make sure to price your home accurately if you don’t want it to sit on the market for too long.
Selling Your House at the Right Time
If you want to sell a house at the perfect time, consider selling during spring or summer. You should especially consider selling your home in the month of May since you’re likely to earn more on the sale during this time.
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