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Selling a house

What is the best day of the week HouseForSaleto list your home?

We analyzed over 18,000 closed residential sales (under $1,000,000) in King County in 2015 to see what effect the day of the week had in relationship to the chances the home would sell in two weeks and, if so, how much over asking price would the home sell for?

Homes listed over the weekend tended to sell for less money and taking longer to sell. On average, they sold for about 2.5% above asking price, if they sold in the first 14 days. Slightly over 50% of those houses sold within 14 days.

Homes listed in the middle of the week fared much better. Homes listed on Tuesday, Wednesday or Thursday sold on average for 1.5% more money than the houses listed over the weekend. They were also almost 30% more likely to sell in the first 14 days (65% vs 50%)

Intrestingly, there wasn’t a clear winner for homes over $1,000,000. The day of week didn’t seem to matter.

Posted on November 3, 2016 at 11:06 pm
Kari Haas | Category: Kari's Blog

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