So many home sellers wait until early Spring to list their homes for sale in order to take advantage of a notoriously well-balanced and often hot Spring market. We are quickly approaching that sweet spot in the real estate market! if you are thinking of selling your home soon, now is the time to make that decision so that you can take advantage of the best week of the year to list your home.
The kind folks over at realtor.com have put together some eye-opening stats regarding the year-after-year trends that help pinpoint the most ideal week of the entire year to list your home for sale.
The Best Week of the Year to List Your Home
According to a recent realtor.com article, “The week of April 16-22 is expected to have the ideal balance of housing market conditions that favor home sellers, more so than any other week in the year.”
The average seasonal trends from data collected for 2018, 2019, 2021, and 2022 show several advantages for home sellers that are likely to be present during this specific week of 2023.
Trending averages show this particular week have 9.3% fewer sellers than other weeks while there are 16.4% more buyers viewing listings on Realtor.com. Homes are also selling 18% faster on average than other weeks. Perhaps the most impressive stat trend is the average asking price is $48k higher at the beginning of the year (based on typical seasonal trends).
Get Ready
This is your chance to take advantage of a true sweet spot in most real estate markets. If you have already considered listing your home in the near future, you may want to act fast to get it listed by mid-April. If you are putting your home on the market during this time, you will be best served by getting it ready to shine.
Since the market will offer a rare balance of seller advantages, you will want to maximize it by listing the best possible version of your home. You can do this by making specific repairs and upgrades to your home that buyers will notice and appreciate.
Be sure to work with a well-experienced Realtor® that knows how to navigate the hot Spring market. They will help you identify the best ways to prepare your home so that you can sell fast and for the most money possible.