Your Spring Real Estate Market
While the Spring season consistently offers up some of the best conditions for home sellers, Realtor.com says there’s one window where the stars really seem to align year after year. And it’s coming up fast.
Based on analysis of historical trends, the ideal week to put your house on the market this year is: April 12–18.
And here’s why this window stands out as being particularly seller-friendly:
- Buyers Are More Active. According to the research coming out of Realtor.com, homes listed during this week typically get about 16.7% more views than in a normal week. And in a market where buyers have options, getting that extra attention can set the tone for your entire sale.
- Sales Happen Faster. Realtor.com further explains the added demand from buyers sets you up for a faster process. While homes have been taking longer to sell lately, homes up for sale this week were on the market for 17% less time than usual. And that’s a difference that makes a difference.
- A Better Price for Your House. Since the number of homes for sale has grown, it’s normal for buyers to ask for credits, repairs, and price adjustments today. But, during this early Spring window, about 18.9% fewer homes do a price cut. That gives YOU a better chance of getting your full asking price.
- More Profit in Your Pocket. According to the study, well-prepped homes listed this week can command a price that’s about $5,300 more than the average week (and $26,000 more than homes listed at the start of the year).
And what seller doesn’t want more eyes on their house, getting an offer in hand sooner (rather than later), and their best shot at selling for top dollar?
What You Need To Do To Get Ready
If you’re already thinking about selling and you want to take advantage of this sweet spot, your next step is shockingly simple…just connect with me.
My expertise in the Niagara area is going to be key over the next few weeks. Because these trends are going to vary by city, and even neighborhood, I will use that insider knowledge to help you figure out what you need to do NOW to get your house ready. Including:
- What you’ll want to spruce up before listing
- How to prioritize any repairs (and contractors that can help)
- Quick wins that’ll have a big impact
- What buyers care most about today
For some sellers, that’s a few easy fixes they can knock out in the next couple of weeks. A fresh coat of paint. Some new mulch. Or some light Spring cleaning.
For others, it might be worth taking another month or so to make some minor updates before listing. And that’s okay. Because while this mid-April window may give sellers an advantage, it’s not your only opportunity to sell.
The entire month of May is also a great time to list so that means the golden window for sellers isn’t closing after this one week. It’s open all season long.
Bottom Line
Getting your house on the market in mid-April may give you an extra edge, but the bigger opportunity is the Spring season as a whole. The real question is:
Do you know what you need to get done before you can list?
Because it’s officially go-time for any seller planning a Spring move.
If you want your house to hit the market this week (or even later this spring), let’s talk about what it’ll take to get ready.