{"id":62454,"date":"2018-05-04T04:55:21","date_gmt":"2018-05-04T11:55:21","guid":{"rendered":"https:\/\/www.redfin.com\/blog\/?p=62454"},"modified":"2020-10-09T20:05:15","modified_gmt":"2020-10-10T03:05:15","slug":"whats-the-best-day-to-put-your-home-on-the-market","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/blog\/whats-the-best-day-to-put-your-home-on-the-market\/","title":{"rendered":"What\u2019s the Best Day to Put Your Home on the Market?"},"content":{"rendered":"

When it comes to real estate, sellers don\u2019t want to leave anything to chance, including what day they list their home on the market. So Redfin analyzed a sample of 100,000 houses sold in 2017 and the results are in.<\/p>\n

To sell for the most money, you should put your house on the market on a Wednesday. To sell the fastest, list on a Thursday. Avoid Sunday, which is the worst day to list to attract buyers.<\/p>\n

Because homes listed on Sunday perform the worst, we used Sunday as a baseline to compare how much better homes do when listed on the other days of the week. The full methodology is below.<\/p>\n

Wednesday\u2019s Price Advantage<\/strong><\/h4>\n

Houses listed on Wednesday had an advantage of $2,023 in sale price over houses listed on a Sunday, a sale-to-list premium of 0.53 percent. For a $500,000 house, that means you could make $2,650 more just by listing on a Wednesday instead of a Sunday.<\/p>\n

\"Wednesday<\/figure>\n

Thursday\u2019s Speed and Certainty Advantage<\/strong><\/h4>\n

For speed, Thursday had a clear advantage, with Thursday-listed homes finding buyers five days faster than the baseline. Houses listed on Thursday also had the edge as far as being more likely to be sold within 90 and 180 days.<\/p>\n

\"Speed<\/figure>\n

There isn\u2019t one clear reason why Wednesday outperforms on price, while Thursday wins on speed and certainty. Possible explanations include that agents who list on Wednesdays tend to be better at pricing strategically to command the best price, or that in this fast-paced, low-inventory market, there\u2019s simply a sweet spot for garnering the maximum sense of urgency and competition among eager homebuyers. Another theory is that the advantage of Wednesday and Thursday simply correlates to buyers\u2019 house hunting schedules.<\/p>\n

Make your house a fresh listing<\/strong><\/h4>\n

\u201cSerious buyers typically start making their weekend house-hunting plans late in the workweek,\u201d said Redfin Denver agent Karla Kirkpatrick-Adams<\/a>. \u201cYou want your house to be one of the fresh listings buyers see pop up as they decide which homes they should see over the weekend. In the competitive Denver market, many homes are listed on Wednesday and Thursday with the expectation that buyers will come through over the weekend, submit offers by a Monday afternoon deadline and the home will be under contract by Tuesday.\u201d<\/p>\n

Don\u2019t Forget Regional Customs<\/strong><\/h4>\n

Keep in mind, in some real estate markets like San Francisco, weekday broker\u2019s opens are common. A broker\u2019s open is an open house for agents. In some markets, agents may visit a series of broker\u2019s opens on Tuesday, for example, to preview all the new homes that are on the market for their buyers. Rely on your Redfin agent to help you determine the best day to list for your individual scenario and local market norms.<\/p>\n

Plan the Perfect Debut<\/strong><\/h4>\n

Homes get five times more online views the day they hit the market<\/a> than they do a week later, so making a positive online debut is critical. \u201cYou only get one shot at making a first impression, which is why it\u2019s so important to have the right pricing,\u201d says Karla.<\/p>\n

\u201cIf you price too high, buyers may dismiss the property outright and never come back. It\u2019s far more effective to price right at market value or slightly below to drive buyer attention early on. It\u2019s common for well-priced houses to get multiple offers and be bid up, while homes that are overvalued tend to sit on the market for a while, despite the shortage of homes for sale right now.\u201d<\/p>\n

Professional Photography Can Sell the Home<\/strong><\/h4>\n

Besides pricing right, professional photography is another way to optimize your home sale. Homes with photos taken with professional cameras tend to fetch more money and sell faster.<\/a> Sellers who used a high-quality camera for their listing photos got an average of $3,400 more for their homes.<\/p>\n

Looking for more home sale tips?<\/p>\n