The Best Time to Sell Your Home

Posted on at 1:36 pm by Andrea Webber

Due to the lack of inventory in the Denver luxury home market, the best time to sell your home is NOW!

2017 is shaping up to be a great seller’s market with three percent fewer homes available than this time last year. However, is there a specific time of the year when all the planets are in alignment to list a home?

Zillow Chief Economist, Dr. Svenja Gudell thinks that there is:

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“Many [homebuyers] who started looking for homes in the early spring will still be searching for their dream home months later. By May, some buyers may be anxious to get settled into a new home — and will be more willing to pay a premium to close the deal.”

Zillow conducted their own study into the science behind the optimum time to list and what they found was that in 20 out of the 25 metro areas examined, homes listed during the first two weeks of May sold nine days faster for around 1% more than the asking price!

The company then examined the data further and pinpointed the best days of the week to list a property. Homes going onto the market on a Saturday get, on average, 20% more views than homes listed earlier in the week. The second-best day for a home to make its debut on the Zillow and Realtor.com sites is a Friday when it will typically garner 14% more views than a Monday or Tuesday.

The Ides of May are Approaching

Let’s start getting ready now! Clean up that yard, freshen up that paint and fix all those little things that you have been putting off. Any time right now seems to be the best time to sell your home. Contact me for a no-obligation consultation on how we can take advantage of this great selling season.

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