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Best time to list your home for sale is Thursday, research suggests
Out-of-town homebuyers with bigger budgets edging out locals
National Housing Conference CEO David Dworkin says the U.S. doesn’t have ‘enough houses for sale.’
Researchers at Zillow believe they have found which weekday is best for listing a home.
The digital real estate marketplace analyzed internal data from 2019 and determined that Thursday is the best day to put a home up for sale. According to its news release on the topic, Zillow’s pre-pandemic research suggests that home sellers are more likely to maximize their profits or quick-turn a property if they list it on any Thursday before Labor Day.
"Home shoppers typically plan their weekend a couple days ahead of time. By listing on a Thursday, you’re giving shoppers a chance to explore your home virtually with a 3D home tour and interactive floor plan," Zillow Research’s Senior Managing Editor Cory Hopkins told FOX Business. "They can then narrow down their options and schedule in-person showings over the weekend for the homes they’re serious about, and act quickly if they want to make an offer."
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While Thursday tends to be a good day for home sellers all year round, Hopkins explained that listings made on this day before Labor Day generally get to avoid the effects of market slowdown – including less than favorable sale prices and longer pending days.