Homes listed in the first two weeks of May earn $1,600 more on average, and sell nearly a week faster.
By Lauren Shanesy | Builder
Buyers emerge from winter hibernation mode in the spring to shop for homes, but builders may be leaving money on the table if they list the home in the wrong week of spring selling season.
According to new data from Zillow, the first two weeks of May is the best time to list, with homes selling for a $1,600 premium, and six days faster. In 19 of the 35 largest metros, the best month to sell for the biggest sales premium is May.
Of course, the best time to list a home varies by market, and in some cases the difference is dramatic—in Pittsburgh, the listing sweet spot is the second half of March, while a handful of markets in Texas, Florida, and Las Vegas don’t hit the prime listing time until the first two weeks of July.