Why the Third Week of April is Your Best Bet
Every year, one week stands out from the rest as the perfect stretch of time to sell your house. In 2024, that week falls on April 14–20. According to Realtor.com® data, this particular week offers an exceptional opportunity for sellers who want to attract lots of interest, sell quickly, and maximize their profits.
Hannah Jones, a senior economic research analyst at Realtor.com®, explains, “The third week of April brings the best combination of housing market factors for sellers. It offers higher buyer demand, lower competition from other sellers, and fewer price reductions compared to the typical week of the year.”
The Financial Incentive to Sell Your House
What makes the third week of April so lucrative? Historically, median home prices during this week are approximately 1.1% higher than during a typical week. Moreover, homes are valued around 10.4% more than they were earlier in the year.
This uptick in prices translates to substantial earnings for sellers. Those who capitalize on this optimal listing window could potentially pocket an extra $7,400 at the closing table compared to listing during an average week. Additionally, homes are expected to list for a median of $34,000 more than they did at the beginning of the year.
Increased Visibility and Faster Sales
In addition to financial gains, sellers can anticipate heightened visibility for their listings on Realtor.com. Properties listed during the best week to sell typically receive 18.4% more views compared to other times of the year. This increased exposure may lead to bidding wars and offers exceeding the asking price, further boosting sellers’ profits.
Moreover, buyers are not merely browsing during this week; they’re ready to act. Data suggests that homes listed for sale during this optimal period tend to sell nine days faster than the average, representing a 17% reduction in time on the market.
Seizing the Spring Market Momentum to Sell Your House
Jones notes, “[Housing] inventory levels and price reductions climb later in the year. But buyers eager to buy soon may find success earlier in the spring as the market starts to pick up.” This underscores the importance of timing, as sellers stand to benefit from the surge in buyer activity during the spring season.
To determine the best week to list, Realtor.com’s economics team analyzed market trends from 2018 through 2023, excluding 2020 due to the exceptional circumstances caused by the COVID-19 pandemic. Factors such as competition from other sellers, time on the market, listing views, list prices, and the likelihood of price reductions were taken into account. Notably, mortgage rates were not factored into the analysis, as they do not follow a seasonal pattern.
Don’t miss out on this golden opportunity to sell your house. Take advantage of the optimal conditions during the week of April 14–20, and partner with Sell for 1 Percent Realtors, full-service agents leveraging technology to save you thousands of dollars in commissions. Sell smarter, not harder.
