Redfin: Late April Best Time to List
(Image courtesy of Curtis Adams/pexels.com)
Redfin, Seattle, released a report in partnership with Home Economics, New York, finding that late April is a sweet spot for sellers nationwide.
They’re 18% more likely to sell above the asking price, the analysis found.
And, prices tend to be higher. The median home-sale price is 4% higher for homes listed in that period than the yearly average sale price. There are more buyers and competition in late April, and more desirable homes do tend to come on the market in the spring.
Houses listed in late April sell quickly. They are 17% more likely to sell in two weeks at the end of April, compared with the yearly average. Moreover, in general, they spend less time on the market. Homes listed in late April spend about 9% fewer days on the market than the yearly average.
There tend to be 8% fewer homes at the end of April than during the summer peak, meaning there’s less competition.
“Late April hits a sweet spot for home sellers: buyers are out in force, but the market isn’t yet flooded with competing listings,” said Aziz Sunderji, housing economist and founder of data visualization consultancy Home Economics. “For sellers, timing can meaningfully shape the outcome of their home sale. Listing in that late-April window can help generate stronger early interest and create the kind of competition that leads to faster sales and better terms. Sellers who list earlier in the spring may miss peak demand, while those who wait until later risk getting lost in a growing pool of listings.”
“The best week to list isn’t one-size-fits-all. Sellers should think locally,” Sunderji continued. “Pay attention to when inventory typically ramps up, and when local buyers are most active. Listing just ahead of that surge—whether that’s March in Silicon Valley or May in Milwaukee—can help your home stand out, attract more serious buyers, and sell quickly for the price you want.”
