🏡 April 16th is the Sweet Spot to bring you home on the market!

When Should You List Your Home?

As we enter the spring season of 2023, Westchester is facing a notable shortage of inventory especially with single-family homes, which is hindering people from downsizing or upsizing to their desired homes. The situation is compounded by the fact that many homeowners who could sell their properties are holding back due to their low-interest mortgages, and they are hesitant to acquire a new mortgage with a higher interest rate. TPostshese two factors are contributing to the current inventory problem. Nevertheless, homeowners who are listing their homes on the market are receiving the highest bids for their properties.

Now is the Time to sell!

Realtor.com and HarrisX's recent survey found that homeowners who list their homes for sale during April 16-22, 2023, could achieve higher prices, faster sales, less competition, and higher demand. Historically, homes listed during that week typically had prices 2.1% higher than the average week throughout the year and had prices 12.1% higher than the start of the year. Additionally, the homes are expected to sell faster and have fewer competitors. The report advises homeowners to make repairs and updates, declutter and find an agent to help them if they want to prepare their homes for sale. I have written a few posts about getting your home ready to put on the market and those links are below. Please check them out.