When to sell and buy a home is a complicated question. It can also be deeply personal, given the amount of resources required for both sides. A recent study by Zillow provides some guidance – concluding the best time to list a home in the D.C. market is between April 1 and 15.
The data examined indicated that homes listed during that period yielded $3,800 more on final sale prices. Zillow also found that a majority of buyers research homes online, with Thursday being the most browsed day. The D.C. trend is like other markets, as the national average of the “peak” time to list for highest traffic and sales price is May.
Based on this information, potential sellers should consider consulting with a real estate agent in the coming months. Listing a property in April could result in a significant interest and a maximized purchase price.
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