According to Realtor.com, the greatest week to list a home this year was April 13-19. And now that that week has passed, you may be wondering if I missed my chance. Not at all, and this is why.
That's only one source's opinion, based on their own study. Other organizations conduct comparable studies. And because different places utilize different approaches for study, the outcomes can vary - which is actually good news for you. According to Zillow, the ideal time to sell your home is still ahead.
According to Zillow's most recent study, sellers who list their houses in late May often receive higher sale prices based on previous year's home sales. The study explains why.
And they're not the only ones who believe selling in May might help homeowners get top price. ATTOM Data conducted a similar analysis, reviewing 59 million house sales over the last 13 years.
An article from Bankrate reflects this idea and combines everything together to show that anytime in April or May is an excellent time:
The opportunity for selling during prime time is still very much open, so if you sell now, you could make a significant profit.
However, the optimal week to market your home is determined by a number of local circumstances, including buyer demand, the number of homes for sale in the area, and the speed with which items sell. That is why it is essential to engage with an experienced agent who is familiar with your area.
Bottom Line
Spring is the busiest season for real estate, and there's still time to capitalize on that momentum.
What's stopping you from making your move this spring? And what would make you feel prepared?
Contact Arkansas Real Estate Collective today to discuss your choices!