When is the Best Time to Sell Your Home in 2024?

If you're planning to sell your home this year, you might be wondering when the best time to list your property is. While the housing market can be unpredictable, there are certain trends and patterns that can help you make an informed decision.

According to a recent report by Realtor.com, the week of April 14–20, 2024 is expected to have the ideal balance of housing market conditions that favor home sellers, more so than any other week this year. What makes April such a great time to list your home for sale? Let's take a look at a few of the factors that can give sellers a competitive edge during April.

Homes Receive More Views Online

Based on data from previous years, home listings online receive more views during April than any other time of year. Historically, homes have received 18.4% more views during the week of April 14-20 compared with other weeks of the year. More home views means more potential buyers which can drive the price of homes higher.

Homes Sell for Higher Prices

Homes that are listed during April of 2024 are expected to have a listing price that is $34,000 higher than homes that listed at the beginning of 2024, and $7,400 above the average week. Listing your home during April of 2024 could mean more money for you at closing compared to if you waited to list later this year.

Homes Sell Faster

During the month of April, homes have historically sold much faster than other months of the year. Realtor.com predicts that during the 2024 market, homes will sell 17% faster than any other month of the year.

The Weather is Great for Showings

Another things that makes April such a great time to list is that it marks the beginning of the busy season in the real estate market. With the warmer weather and longer days, more people are out and about, which means there are more potential buyers looking for homes. Additionally, many buyers want to move in the summer, which means they start their home search in the spring.

The Next Best Time to List? Summer

If you're not able to sell your home in the spring, the next best time to list your home for sale in 2024 will be in the summer, specifically in June. This is based on the fact that the summer months tend to see a surge in home buying activity, as families with children try to move in before the start of the new school year. 

The median time on market for homes listed in June is about a week longer than for homes listed in March and April, but still significantly lower than for homes listed at other times of the year. Additionally, homes listed in June tend to sell for a higher price than homes listed at other times of the year, on average.