Spring is Here
Those wanting to sell their home during the spring season shouldn’t be too quick off the mark to list, as waiting could mean a faster sale and a higher price. According to analysis from Zillow, waiting until late spring may be a better strategy…along with listing on a Saturday. It found that those homes listed in the first two weeks of May sold around 9 days faster and for almost 1 per cent more.
“With 3 percent fewer homes on the market than last year, 2017 is shaping up to be another competitive buying season,” said Zillow Chief Economist Dr. Svenja Gudell. “Many home buyers who started looking for homes in the early spring will still be searching for their dream home months later. By May, some buyers may be anxious to get settled into a new home— and will be more willing to pay a premium to close the deal.”
The study also found that homes first listed on a Saturday averaged 20 per cent more viewings than those on other days.