Seasonality is returning to the real estate market after a couple of years of instability. Streeteasy recently released data about the best time to list your home, and here’s what you need to know:
- March is the best month for sellers looking to shave time off waiting on the market—and to increase potential proceeds from sales.
- Apartments put on the market anytime in March tend to have a higher probability of selling above the initial asking price compared to the rest of the year.
- Home shopper inquiries in spring (March through May) are on average 36.5% higher than in autumn and early winter (October through December).
- At its peak in March, the volume of inquiries that for-sale listings receive on StreetEasy is typically 81.2% higher than in December, the slowest month of the year, and 25.1% higher than the rest of the year.
- Springtime listings typically sell almost four weeks (27 days) faster than homes listed in autumn and early winter.