Should you list your home on Thursday or Friday or even Sunday? There are many opinions as to the best day of the week to list your home. Redfin found that according to their analysis, homes listed on Fridays have a higher list to sale ratio compared to other days of the week. They also found that homes listed on Fridays had a greater likelihood of selling within 90 days. Fridays do tend to be the choice of most REALTORS® and statistically it is easy to see that Fridays have the highest percentage of homes listed on the MLS. Most home buyers are available to tour homes on the weekend with their agent giving your home a greater chance of being seen in person.
However Terrace 24, a brokerage in Atlanta did an analysis that showed that homes listed on Thursdays sold faster and for a higher price. Their analysis showed that of the homes that sold without a price reduction, homes listed on Thursdays sold for the fewest days on the market. They also found that in their area, homes listed on Thursday were more likely to receive an offer over the list price.
And what about Sundays? Redfin’s study showed that homes listed on Sundays received the most online views. And with the least amount of homes being listed on Sundays, won’t it stand to reason that your home will stand out more?
Whether you and your agent decide to list your home on Thursday, Friday or even Sunday, don’t forget to make sure that both you and your home are ready. A MLS listing that is complete, accurate and full of outstanding photos will have a big impact on how fast your home will sell. If you need staging or preparation advice or want to talk about listing your home feel free to let me know.