U.S. homes listed for sale in early May sell for $1,600 more than the average listing throughout the year.
For home buyers, it may feel like the best time to beat the competition to home shopping season has gotten earlier and earlier. But for sellers, the best time to list has remained remarkably consistent: Once again, U.S. homes listed for sale on Zillow in the first half of May sold faster and for more money than the average listing throughout the year.
Nationwide, homes listed for sale between May 1 and May 15 tended to sell for about 0.7 percent more (or roughly $1,600 on the typical U.S. home) and about six days faster than usual. And while the exact best time to list a home varies from market-to-market, in most cases the magic window falls squarely in spring.
More money, faster sale
The best time to list varies by metro area, but not by much. In 29 of the 35 large markets analyzed, the magic two-week window fell between the second half of March and first half of June. In the remaining six markets – Charlotte, Dallas, Houston, Las Vegas, Miami and Tampa – it’s the first half of July.
The two-week magic window doesn’t just mean more money – it also can mean a faster sale. And when time is money, the benefits of listing at the right time are even greater. In Cleveland, homes listed for sale in the area’s early-May magic window sell almost two weeks faster (13 days) than an average listing throughout the year, the most time savings of any of the markets analyzed.