Skip to main content

The Best Month for Home Selling Is …

Phil Hall
Feb 21, 2019
Homeowners seeking the greatest profits on the sale of their homes should consider listing the property in the first two weeks of May, according to a new data analysis by Zillow

Homeowners seeking the greatest profits on the sale of their homes should consider listing the property in the first two weeks of May, according to a new data analysis by Zillow.
 
The new data analysis also concluded that May was the best month for the biggest sales premium in 19 of the nation’s 35 largest metros. Zillow added that during the first two weeks of the month, homes sell for a $1,600 premium, and six days faster.
 
However, this formula does not always bring in the big bucks. Minneapolis recorded the biggest premium—homes listed in the first half of May sold for a 1.8 percent premium, or an extra $4,900 on the sale—while sellers in Austin and Miami only culled a 0.5 percent premium, or about $1,400.
 
"Sellers time their listings to optimize their sale in all sorts of ways," said Skylar Olsen, Zillow Director of Economic Research and Outreach. "Some need to time the sale just right to manage their own synchronized home purchase. Others are seeking to get the highest sale price possible. Balancing these two common priorities suggests that an early May listing date is your best bet, but working with an agent who can weigh the local market and your unique priorities is still our lasting advice."

 
Published
Feb 21, 2019
KBRA Assigns Preliminary Ratings To SEMT 2021-6

Pool Of 497 First-Lien Loans Combined Have A Principal Balance Of Nearly $449M

Industry News
Sep 16, 2021
Fugo Appoints Bahlman As VP, Client Relations & Sales

Brings 19 Years of Experience To Texas-Based Back-Office Support Company

Industry News
Sep 16, 2021
Envoy Mortgage Expands To Atlanta

Envoy Mortgage lender expanded its Southeast operations to Atlanta, GA.

Industry News
Sep 15, 2021
FHFA Suspends Controversial PSPA Amendments

Today, the FHFA will be suspending controversial provisions added to the Preferred Stock Purchase Agreement (PSPA) on January 14, 2021.

Industry News
Sep 15, 2021
Covius Holdings To Acquire Nationwide Title Clearing

All 670 NTC Employees, Including Senior Management, Will Join Covius

Industry News
Sep 14, 2021
MBA Appoints AVP Of Diversity, Equity, & Inclusion

Promotes Amber Lawrence From Position As Associate Director Of Career Development Programs

Industry News
Sep 14, 2021