Homes sell for $5,600 more when they are listed in late May

In This Article:

New Zillow research identifies the best time to sell a home in the nation's largest metropolitan areas

  • A Zillow analysis of 2024 home sales finds that homes listed in the second two weeks of May sold for 1.6% more.

  • The best time to list can be as early as the second half of March in San Diego and Austin, and as late as November in Phoenix.

  • Homeowners can sell their home for even more by maximizing exposure, focusing on screen appeal and highlighting in-demand features.

SEATTLE, March 5, 2025 /PRNewswire/ -- Spring home sellers who listed their home for sale in the second half of May maximized their home's sale price last year. A new Zillow® analysis found that homes listed in the last two weeks of May sold for 1.6% more, a $5,600 boost on a typical U.S. home.1

Zillow: The best time to list varies widely by area
Zillow: The best time to list varies widely by area

Search activity typically peaks before Memorial Day, as shoppers get serious about house hunting before their summer vacation and the new school year in the fall. By targeting late spring, sellers can get their home listed when the most shoppers are looking. When more buyers are competing for homes, sellers can command a higher price.

One big caveat: It's not certain that this year's spring home shopping season will follow last year's pattern. With persistently low inventory, volatile mortgage rates are creating their own seasonality in the housing market.

"In the past few years, mortgage rate fluctuations upended the traditional spring home shopping season," said Orphe Divounguy, a senior economist at Zillow. "Buyers who are on the edge of qualifying for a loan jump in and out of the market depending on what's happening with rates. When rates fall, more buyers rush in, putting upward pressure on prices, which could happen at any time of year. "

Mortgage rates have been impacting affordability and sale prices since they began rising rapidly three years ago. In 2022, sellers nationwide saw the highest sale premium when they listed their home in late March, right before rates barreled past 5% and continued climbing. A year later, sellers commanded the highest prices in early June, as many buyers had sat out the prior months hoping that rates would go down. Last year marked a return to pre-pandemic seasonal norms, with the highest premiums commanded in May.

Zillow's research finds the best time to list can vary widely by metropolitan area. It was as early as the second half of March in San Diego and Austin, and as late as the second half of November in Phoenix. An experienced real estate agent can help sellers identify the right time to list based on inventory and demand in their local market.

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