Everyone knows that the real estate market tends to heat up a bit during the Spring months. The weather breaks, people come out of their Winter hibernation, and house hunters start making offers on homes.
But did you know that there is an optimal window for listing your home? A small timeframe that enables a home seller to maximise their home’s value in the market place…
Zillow tracks all sales of residential properties across the US. They analyze when homes are sold and” how well” they do in comparison with other times of the year.
Here in the Baltimore – Washington area, that optimal listing window has been found to be April 16 – May 15. During that time, homes sell (on average) about 20 days faster and for 1.1% more than other times of the year. See information from Zillow below…
Does this mean that you can’t or shouldn’t list your home during other months?
No.
But if the optimal listing window timeframe works for you…then with appropriate pricing and good guidance (and service) from your agent…you should be able to sell your home with good results.
Want to list your home soon? Contact me for help!
Want to know what your home is worth? Get a free value estimate at InstantMarylandHomeValue.com