The best time to list your home for sale is…

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The best time to list your home for sale is…
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If you want to sell your home faster and for the most money, you have to know exactly when to list it!

The best time of the year to put your home on the market has traditionally been in the spring, and Zillow says in a new report that this year is no exception.

Read more: Buying a home? 15 ways to shop for the lowest mortgage rates

When to list your home to make the most money

Nationwide, homes listed between May 1 and May 15 sell around nine days faster and for nearly 1% more than the average listing, according to Zillow. (Your real estate agent may have different advice based on local market trends.)

Sellers who list in early May could see a boost of 1.5% to 2.5% in final sales prices in highly competitive areas like Seattle and Denver. Inventory is so low in those cities that buyers may be forced to consider several homes and make multiple offers.

Another key factor is the weather.

Zillow says sellers in Texas, California and Florida will have more flexibility when listing their homes because there aren’t distinct climate changes in many parts of these states.

‘With 3% 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.’

Meanwhile, the day of the week that the listing goes live can impact the number of buyers who will view it.

Zillow says the overall best day of the week to list is Saturday, which is a time when buyers are looking at online listings that they’d like to visit over the weekend. Friday is the runner-up.

Read more: 3 words you should never use when selling a home

Ideal timeframe and day of the week to list a home in the 25 largest metro areas:

New York/Northern New Jersey

  • May 1 – 15
  • Saturday

Los Angeles-Long Beach-Anaheim, CA

  • April 16 – 30
  • Friday

Chicago, IL

  • May 1 – 15
  • Friday

Dallas-Fort Worth, TX

  • May 1 – 15
  • Saturday

Philadelphia, PA

  • May 1 – 15
  • Friday

Washington, DC

  • April 1 – April 15
  • Thursday

Miami-Fort Lauderdale, FL

  • March 1 – 15
  • Saturday

Atlanta, GA

  • April 1 – April 15
  • Friday

Boston, MA

  • April 16 – 30
  • Wednesday

San Francisco, CA

  • May 16 – 31
  • Friday

Detroit, MI

  • March 16 – 31
  • Sunday

Riverside, CA

  • April 1 – 15
  • Friday

Phoenix, AZ

  • April 16 – 30
  • Saturday

Seattle, WA

  • May 1 – 15
  • Thursday

Minneapolis-St Paul, MN

  • May 16 – 31
  • Friday

San Diego, CA

  • April 1 – 15
  • Saturday

St. Louis, MO

  • May 1 – 15
  • Saturday

Tampa, FL

  • March 1 – 15
  • Saturday

Baltimore, MD

  • April 1 – 15
  • Saturday

Denver, CO

  • May 1 – 15
  • Friday

Pittsburgh, PA

  • March 16 – 31
  • Saturday

Portland, OR

  • May 1 – 15
  • Friday

Charlotte, NC

  • May 1 – 15
  • Saturday

Sacramento, CA

  • April 1 – 15
  • Saturday

San Jose, CA

  • May 1 – 15
  • Wednesday

Clark’s key takeaway

“For moderately priced homes around America, there’s a severe shortage of homes available on the market, which means you as a seller are going to be able to squeeze more money out of the sale of your home than you might have expected,” Clark said. “Don’t be greedy. If you put too high a price on your home, it tends to get stale in the marketplace, agents stop being interested in showing it, and you ultimately end up selling for less money than you would have if you were more realistic up front.”

Think you’re ready to put your home on the market this spring? We have a guide with simple steps to make sure you’re prepared, including inexpensive upgrades to boost the final sales price.

5 basic money rules you can live by forever

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Mike Timmermann About the author:
Michael Timmermann paid off his mortgage in two years. Now, he shares his money-saving tips on his blog, Save on Almost Everything.
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