Considering to list your house? This could be an opportune moment to initiate your plans. According to experts, the optimal week to put your house on the market is approaching soon.
A recent study conducted by Realtor.com examined housing market trends over several years, excluding 2020 due to its atypical nature. The findings reveal that the optimal week to list your house this year is April 14-20:
“Every year, one week stands out from the rest as that perfect stretch of time when it’s great to be a home seller. This year, the week of April 14–20 is the best time to sell—that is, if sellers want to see lots of interest in their homes, sell quickly, and pocket some extra cash, according to Realtor.com® data.”
Here’s why this is significant for you. Although the spring market is generally favorable for selling regardless of the week, this period might represent the pinnacle opportunity. If you’ve been delaying your plans, anticipating the perfect moment to take action, this revelation could be the motivation you’ve been seeking to initiate your move. Senior Economic Research Analyst at Realtor.com, Hannah Jones, elaborates:
“The third week of April brings the best combination of housing market factors for sellers. The best week offers higher buyer demand, lower competition [from other sellers], and fewer price reductions than the typical week of the year.”
However, if you’re eager to seize this opportunity, swift action is essential, and relying on professional guidance is key. Your nearby real estate agent is the ideal resource to assist you in strategizing how to prepare your house and swiftly list it on the market.
They can provide guidance on finding the right balance between your desired listing date and the necessary repairs and renovations. Additionally, they can guide you through prioritizing tasks, ensuring you know which ones to address first.
For instance, if your house is already in excellent condition, you can concentrate on smaller, impactful tasks. As highlighted in an article from Investopedia:
“You won’t have time for any major renovations, so focus on quick repairs to address things that could deter potential buyers.”
Here are some specific examples from that article:
Just keep in mind, if you’re not prepared to list your home in the next few weeks, that’s perfectly fine. The opportunity doesn’t vanish after this particular week. Spring remains the prime season for home buying, maintaining a seller’s maket, ensuring you remain in control throughout the entire season.
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