When Is the Best Time to Sell A House?

The best time to sell a house is typically during spring, with May being the top month to list. Sellers who list in late May tend to earn about 1.6% more than those who list later in the year. The period between March and July is generally the best for selling, as buyers are more active during this time, particularly with the school year winding down.

Listing on a Thursday has been found to increase the likelihood of a quicker sale and even a sale above the asking price, compared to other days. In contrast, homes listed on Sundays tend to stay on the market longer.

The ideal timing can also vary by location. Different U.S. cities see peak selling times at different points in the year. For example, areas like Austin and Columbus see better returns in the spring, while cities like Baltimore benefit from listings in June.

Seasonality plays a big role, as spring and summer are popular for buyers due to the weather, school breaks, and other practical reasons. Fall offers urgency for buyers, but winter typically sees fewer buyers unless the climate is mild.

The local housing market, whether it's a buyer’s or seller’s market, also influences the best time to sell. In a seller’s market, sellers can expect higher prices and quicker sales, whereas in a buyer’s market, homes may stay on the market longer, and price reductions might be necessary.

Mortgage rates can also affect the timing. When rates are low, buyers have more purchasing power, making it a favorable time to sell.

Ultimately, the best time to sell is when you're ready, taking into account your personal and financial circumstances, as well as market conditions.