If you’re planning to sell your home this spring, get moving. A new report from Zillow says listing it on a Thursday in late April will reap you the greatest reward.
While homes are selling fast year-round, homes listed in the spring bring in the highest sale prices, according to the report and homes listed in the second half of April could sell for 2.8% more or about $9,300.
Listing a home on a Thursday seems to generate the most interest ahead of the weekend and can sell for $1,100 more.
The best time to list a home in Chicago is late April which could have a potential sale price difference of $7,600. The worst time to list is early November.
While homes continue to sell quickly year-round, it’s in the spring when home sales bring the best results for sellers. The report found listing a home at the best or worst time can impact sales prices by as much as $21,000.
“With inventory as low as it is, home sellers can expect a quick sale pretty much year-round,” said Zillow economist Nicole Bachaud. “Even as frantic buyers are snapping up homes days after they hit the market and often bidding them up above list price, there is still value to be had by listing a home during the right time of year, which is in the spring in most cases. This is a friendly market for sellers, but those who are simultaneously buying need a firm grasp on the right tools and strategies to win their next home.”