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Seller Resources

Times are changing and you’re thinking about moving the family into a new home. But before you start searching for your next dream home, you’ll need to figure out when you’re going to sell your existing home. The decision is a complex one, especially considering the unpredictable economic environment we’re all living in. And while there’s no magic formula for determining the best time to sell a home, there are several factors you should consider.

The wrong time to sell

This likely won’t come as a big surprise: you should avoid selling your home during the winter holiday season. Tensions run high during the holidays and budgets run low. The result? No one’s really itching to buy, and offers that do come in are often low. So as a general rule of thumb, avoid the months of December and January when selling a home.

The best season for selling

Conventional wisdom dictates that spring is the best time to sell a home. In spring, the holidays have passed, the new school year is still a ways away, and gardens and other outdoor spaces tend to look their best. And while spring is the season that sees the largest amount of buyers, it’s also the season when inventories are highest. This means lots of competition. So if you’re going to sell in spring, you really need to get your property to stand out with effective marketing and staging.

The best day for selling

According to research, Thursday is the best day of the week to list your home for sale. By listing your home for sale on a Thursday, you can make it available immediately for weekend showings. Come Saturday – the busiest day for real estate – your home will have only been on sale for two days, which is great for attracting full-price offers. In general, the shorter amount of time your home remains on the market, the higher the offer you’ll receive.


DeWayne A. Powell
Lic. R. E. Salesperson
Douglas Elliman Real Estate - Riverdale
3544 Johnson Avenue
Bronx, NY 10463-1603
+1 917.748.5100
dewayne.powell@elliman.com

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575 Madison Avenue, NY, NY 10022. 212.891.7000 © 2019 Douglas Elliman Real Estate. All material presented herein is intended for information purposes only and is not the opinion of the parent or any affiliates. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings are deemed reliable, but should be verified by your own attorney, architect or zoning expert. Equal Housing Opportunity.

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