Selling a home is part art and part science, and any information that gives sellers and their Realtors a leg up is welcome news. Terrace 24 just revealed new data that shows that the best day to list a home is actually Thursday — not Friday, which is most Realtors’ choice.
From national firm’s real estate analysis:
- Of the homes that sold without a price reduction, the homes that listed on Thursday sold for the fewest days on market at a median of 19 days. Homes listed on Sunday were on the market the longest.
- Again, of the homes that sold without a price reduction, the median percentage of the list price that the Thursday sellers got was 97.78%. That is higher than any other day of the week.
- Homes listed on Thursday were more likely to receive an offer of more than 100%, suggesting there was a bidding war.
Source: Best day to sell real estate
