#1 Best Time To Sell Your Home In North Carolina
The #1 best time to sell your home in North Carolina or any other state is just about right now. That’s if you want top dollar. Real estate experts at realtor.com say the week of April 14-20 is the best time to sell. If you want your home to sell quickly and get that all powerful top dollar, the experts say right around now is the best time.
#1 Best Time To Sell Your Home In North Carolina
Hannah Jones is a senior economic research analyst for realtor.com. She says, The third week of April brings the best combination of housing market factors for sellers. “The best week offers higher buyer demand, lower competition [from other sellers], and fewer price reductions than the typical week of the year.”
So, what is so special about the third weekend of April? Well, according to our source, realtor.com median home prices are up about 1.1% higher than the average week. And this is a great point. Homes also cost over 10% more than earlier in the year. Great for the seller!
What is so special about that particular week?
More buyers typically see homes the week of April 14 according to realtor.com. And this is amazing. And these are not just window shoppers. Data shows homes usually sell in nine days or less or about 17% faster than an average week.
According to our source, realtor.com Jones says “[Housing] inventory levels and price reductions climb later in the year,” says Jones. “But buyers eager to buy soon may find success earlier in the spring as the market starts to pick up.” How did these stats add up? The realty economics team used market behavior data from 2018 and figured out themes like how long homes spent on the market. Other factors include views per property and more.
The #1 best time to see your home in North Carolina or any other state is the third weekend in April. This is according to data research from realtor.com. Good new for interest rates too. Jones tells realtor.com,“While affordability will continue to be a challenge for buyers and sellers who are looking to buy, we expect lower mortgage rates and more new-construction inventory to offer some relief and inject some life back into the market,” says Jones.
To learn more about the best time to sell your home get details here from realtor.com.