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The Best Day to List a House For-Sale …

By Melissa Dittmann Tracey, REALTOR(R) Magazine

What’s the best day to list a house for-sale? It’s Friday.

In fact, by listing a home on Friday, you may bring in an extra $5,000 to the sales price, according to a study of homes listed for sale last year conducted by the real estate brokerage Redfin.

Homes listed on Fridays tended to sell for 99.1 percent of the seller’s original asking price. That represented the highest percentage of any other day of the week.

“You get four times the traffic on the day of debut than any other time of the week, and you only get one chance,” Glenn Kelman, president and CEO of Redfin, told The Wall Street Journal.

Homes listed on Friday also tend to sell the quickest, within 81 days on average.

Another good day to list a home:

Tuesdays, which generate the most interest for home tours, according to the study. Some experts note that Tuesday is a big planning day for many people, who are already thinking ahead of what homes they’ll want to view on the weekend.

So, what’s the worst day of week to list a home then? Sunday. Homes listed on Sundays sell for 98.4 percent of their initial asking price — still not bad.

Comments
  1. The day of the week has to be one of the very least concerns when it comes to listing and selling a home. Location, Condition, Price, Marketing… Day on the Market? Interesting, fun, but irrelevant. And as a team, our systems are designed to put homes on the market on Thursdays and our average DOM is 59 (over 12 years and over 1500 homes sold) and average sales price to list price is 99.1%. We get them on the market on Thursday so agents can review them on Friday to show them on Saturday. It works for us. Love your articles Melissa!

    Blessings,

    Michael

  2. I agree there are way to many other variables that come into play that could suggest a particular day may be better than another day. A properly presented property at the right price will sell for top dollar no matter what day of the week it’s listed.

  3. Interesting statistics. I can see pluses and minuses for any day of the week. After 25 years of co-owning with my husband, our own real estate and mortgage company here in Northern CA (Sonoma County), we’ve held open houses mainly on weekends but yes, sometimes during the week. It really seems to depend on the market excitement, or lack of, BUT, also the amount of marketing and promotion we do ourselves for this open house. That’s my input but I sure enjoyed the article and statistics!
    Best, Lynn

  4. What a unique metric to measure. I will have to keep track of this from now on. In Mexico, everything is just a little different. Thank you for the idea. I’ll try Friday for the next while :-)

  5. This is the real thing you say that the best day is Friday to home for sale and listing.

    Thanks :)

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