A Potentially Strong Week To List Your House May Be Just Around the Corner

While the Spring season could offer up some of the best conditions for home sellers,
according to Realtor.com, there’s one window where the stars really seem to align year after year. And it’s coming up fast.

Based on their analysis of historical trends, one potentially favorable week to put your house on the market this year is: April 12–18.

And here’s why this window stands out as being particularly seller-friendly:

• Buyers Are More Active. According to the research coming out of Realtor.com, homes listed during this week have historically received about 16.7% more views than in a normal week. And in a market where buyers have options, getting that extra attention can set the tone for your entire sale.
• Sales Happen Faster. Realtor.com also explains the added demand from buyers sets you up for a faster process. While homes have been taking longer to sell lately, homes up for sale this week were on the market for 17% less time than usual. And that’s a difference you’ll be able to feel.
• A Better Price for Your House. Since the number of homes for sale has grown, it’s normal for buyers to ask for credits, repairs, and price adjustments today. But, during this early Spring window, about 18.9% fewer homes do a price cut. That could give you a better chance of getting your full asking price, though outcomes will vary.
• More Profit in Your Pocket. According to the study, well-prepped homes listed this week may be able to command a price that’s about $5,300 more than the average week (and $26,000 more than homes at the start of the year), based on historical averages.

And what seller doesn’t want more eyes on their house, getting an offer in hand sooner (rather than later), and potentially improving their overall sale outcome?

What You Could To Do To Get Ready

If you’re already thinking about selling and you want to take advantage of this sweet spot, your next step is  simple. Just talk to a local agent. 

The following are general considerations and not financial or real estate advise. 

Their expertise in your area is going to be key over the next few weeks. Because these trends are going to vary by state, city, and even neighborhood. And your agent will use that insider knowledge to help you figure out what you need to do now to get your house ready. Including:

• What you’ll want to spruce up before listing
• How to prioritize any repairs (and contractors that can help)
• Quick wins that’ll have a big impact
• What buyers care most about today

For some sellers, that’s a few easy fixes they can knock out in the next couple of weeks. A fresh coat of paint. Some new mulch. Or some light Spring cleaning.

For others, it’s worth taking another month or so to make some minor updates before listing. And that’s okay. Because while this mid-April window may give sellers an advantage, it’s not your only opportunity to sell.

Zillow says the best time to list is in May. And that means the golden window for sellers isn’t closing after this one week. It’s open all season long.

Bottom Line

Getting your house on the market in mid-April may give you an extra edge depending on market conditions, but the bigger opportunity is the Spring season as a whole. The real question is:

Do you know what you need to do before you can list?

Because it’s officially go-time for any seller planning a Spring move.

If you want your house to hit the market this week (or even this season), connect with a First Federal Bank Loan Officer or a licensed real estate professional about what it may take to get it ready.