Planning to put your home on the market? The best days to sell are coming up fast.
If you want to boost the odds of selling your home as fast as possible and for the highest price possible, put it on the market during the first half of May.
That’s the best time of year to sell a home, according to real estate website Zillow. And Saturdays during the first half of May — which this year fall on May 4 and May 11 — are the best days to list your home.
“Nationally, homes listed for sale in this window sold almost two weeks faster than average, and for $2,500 more, compared to average points in the year.”
However, Zillow notes that the precise best time to sell depends on where you live.
For example, if you live in Chicago, listing on a Friday during the time frame of April 16-30 will net you an extra $3,000, on average, and you’ll sell your home 18.5 days faster than average.
Across the country in Los Angeles, listing on a Thursday during the time frame of May 16-31 will net you an extra $8,100, on average, and you’ll sell your home 9.5 days faster than average.
In general, you increase your odds of selling if you list during months when the weather is warmer.
Spring is better than summer, though, as many people take vacations during the latter season, Zillow says. Winter tends to be the slowest season, unless you live in places such as Florida or the Southwest, where winter brings nice weather and snowbirds.
How to sell your home faster
Selling your home isn’t simply a matter of putting a “for sale” sign on your front lawn during a couple of magic days, however. You need to take steps to separate your humble abode from the pack.
One good way to get an edge on your competitors is to tour other homes for sale before you list yours, as we suggested in “How to Price Your Home So It Sells for Top Dollar.”
There are also many commonly overlooked ways to make your home more attractive to buyers. For example, a 2018 Zillow analysis found that painting your front door a specific color boosted the sale price by $6,271.
As we report in “7 Surprising Things That Boost Your Home Value“:
“No other combination of color and surface boosted sale prices by anywhere near as much as shades of black on a front door. The second-most impactful combination — light taupe and similar shades of paint in living rooms — boosted sale prices by an average of $2,793.”
Do you have suggestions for selling your home successfully? Share them in comments below or on our Facebook page.
Original Article Posted at : https://www.moneytalksnews.com/best-time-to-sell-home/