The best time of year to sell a home is when supply is low and demand is high. Selling your home quickly and at a reasonable price depends on time. In Virginia, sales are highest in the summer and spring months. There is more demand, therefore, more competition; therefore, homes sell for more money and faster.
In most areas, the best time of year to sell a home is during the first two weeks of May. You can expect to sell 18.5 days faster than any other month and for 5.9 percent more money. Elsewhere, early April or June is better for selling homes than in May. There are pros and cons to selling homes in the spring.
Either way, if you understand the pros and cons of selling in the winter, it might be the best time of year to sell you a house. But even in a more typical market, timing is everything, and this is particularly true when selling a home. The Zillow owner control panel is the quickest way to find out which month is the best to list a home for sale in your area and estimates the selling price of your home now instead of having your own set of unique circumstances that need to be considered to help you determine when you should sell your home. Although June and July are the best times to sell across the country, they may not be the best times of year to sell in your particular market.
The worst time of year to sell a home is December, which coincides with October with a 3.3 percent seller premium, according to ATTOM Data. Nationally, the best time to sell a home is March if you're trying to sell quickly, while the best time to maximize profits is July. Partnering with the right person will help you make smarter sales decisions, so you feel confident that you're selling at the right time to get the best price. Zillow's research also shows that Thursday ads are 1.5% more likely to sell above their selling price, while homes listed on Saturday or Sunday were 1.3% less likely to sell higher.
The worst time of year to sell a home is when demand in The local market is low and the number of homes for sale is high. A seller's market is the ideal time to sell your home because you can expect it to sell faster and you're more likely to receive several offers and sell it at full price (or higher). Listing your house for sale on a Thursday minimizes your days in the market and will make your listing the most important thing for potential buyers as you approach the first weekend's open days, which can help you get a better selling price. Given how highly Virginians value their homes, it would be difficult to find someone willing to spend December trying to buy or sell a home.
Scheduling the sale of your home can help maximize the price and shorten the time it takes to sell it, but you need to consider more than just market conditions. List your house on a Thursday to increase the chances of your house selling faster and for more money. A top-notch real estate agent will help you create the sales strategy that best suits your goals, whether it's maximizing the sale price or selling your home quickly.
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