When it comes to listing a home, homeowners will get the most bang for their bucks by putting the house for sale on a Wednesday, according to a new data analysis from Redfin. However, to sell the fastest, homes listed on Thursday move with greater speed. As for the worst day to list, homeowners are advised to follow Melina Mercouri’s advice: “Never on Sunday.”
Redfin analyzed a sample of 100,000 homes that sold in 2017 and found the Wednesday-listed homes enjoyed a $2,023 sale price advantage over homes listed on a Sunday, a sale-to-list premium of 0.53 percent. But Thursday-listed homes were found by buyers an average of five days sooner than homes listed on Sunday, and Thursday-listed homes were more likely to be sold within 90 and 180 days than homes listed on the other days.
"Serious buyers typically start making their weekend house-hunting plans late in the work week," said Karla Kirkpatrick-Adams, a Redfin agent in Denver. "You want your home to be one of the fresh listings buyers see pop up as they decide which homes they should see over the weekend. In the competitive Denver market, many homes are listed on Wednesday and Thursday with the expectation that buyers will come through over the weekend, submit offers by a Monday afternoon deadline and the home will be under contract by Tuesday."