The Science of Selling: Why a Friday in May the Best Time to List a House

Posted on May 10, 2017


Selling a home is a huge decision. After you’ve spent years making memories somewhere, you want to be sure you’re selling to the right buyer, at the right time, and for the right price.

According to a recent Zillow report, you may have more control over this than you thought. Across the country, their findings indicate that our Dads were right and spring is indeed the best time to list a house. At this time of year, the average US seller can yield an additional $1,500 on the sale price.

Why? Partly, decision fatigue. Buyers may have started their search with lengthy “must-have” lists and strict budgets, but this late in the game, they want to get into their new home as quickly as possible. Often, they are willing to spend more to make it happen.

But we can break it down further. As it turns out, there is a two week window where homes don’t just fetch more money – they sell up to three weeks faster. In Philadelphia, that time frame is May 1st to 15th.

Best Time to List a House

If you’re really strategic about getting top dollar for your home, be sure to list it at the end of the work week. This boosts the visibility of your listing up to 20%, and while most of the country favors a Saturday debut, Philadelphians see the strongest uptick when we list on a Friday.

When all is said and done, is all this planning worth it? You tell us. Philadelphia homes that hit the market on a Friday in the first half of May sold for $2,000 more and 9.8 days faster than the average listing that year.

We’re sold. Give Houwzer a call, and your house will be too: (215) 607-8816.

Best Time to List a House 1


Recent Articles

10 Tips To Minimize Stress When Selling Your Home

10 Tips To Minimize Stress When Selling Your Home

Posted on Aug 06, 2018

Selling your home without a plan will end up costing you emotionally and financially. Here are ten strategies we suggest that will help get you to the closing table with your sanity intact.

A home is oftentimes the largest asset you have. You invested a large sum of your hard-earned money into it and the price you can fetch for your home can have a significant impact on the future, including your ability to purchase your next dream home. 

What Happens When Philadelphia Tax Abatements Expire? Part III

What Happens When Philadelphia Tax Abatements Expire? Part III

Posted on Jun 22, 2018

This blog is the third in Houwzer Senior Economic Advisor Kevin Gillen's three-part research series examining how successful and beneficial the tax abatement program has been so far. Part one of the series examined the transaction volume after the abatements expired. Part two examined what happened to the properties' market values post-abatement. This final piece uncovers the disparity between what buyers paid for an abatement and its actual value, as well as the reasons behind the disparity.