Special Report
The Best Time To Put a House on the Market This Spring
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The best time of year to buy a house is usually the fall to early winter. Sellers often take homes off the market from Thanksgiving to the end of the year, and homeowners who keep their properties on the market during that time are typically motivated to sell. On the other hand, the best time to sell a house is springtime.
While home inventories tend to increase as winter moves into spring, so does the number of potential homebuyers, and that is when housing market conditions tend to generally have the ideal balance that favors home sellers, particularly relatively fewer sellers and more buyers, according to real estate listing website Realtor.com. The exact best week differs among the 50 largest housing markets but is generally between March and May.
To determine the best time to put a house on the market this spring, 24/7 Wall St. reviewed data from Realtor.com’s report, The Best Time to Sell: The Week of April 16-22. Realtor.com based its findings on comparisons of historical listing prices each week from 2018-2019 and 2021-2022 to a benchmark from the first full week of the year. All data came from Realtor.com. The 50 largest metropolitan statistical areas are ordered alphabetically.
Nationwide, the week of April 16-22 is the best time to sell, with homes reaching 12.1% higher prices than the start of the year and selling 13 days faster than the year’s average. (Also see, cities where home values went up the most since 2000.)
Among the 50 markets listed, the earliest time to make a little extra on selling a home is the week of Feb. 12 in the San Jose metropolitan area of northern California, which includes adjacent Sunnyvale and Santa Clara. During that week, houses in the metro area typically list at an estimated 6.5% higher price compared to the start of the year and stay on the market for an average of 14 fewer days compared to the average week.
By comparison, prospective home sellers in the Memphis metropolitan area, which overlaps into Mississippi and Arkansas, would be better off waiting until the second week of May to list their home. In that week, they could sell their home at a premium of 11.4% compared to the start of the year, and typically sell 10 days faster compared to the average week. (These are the cities where people need the smallest downpayments to buy their home.)
The best time of year to put a home up for sale in 22 of these top 50 markets is in the latter half of April, in the days after tax deadline season ends. In 17 markets, listing a home at the right time can, on average, get the seller at least 10% above the price at the start of the year, led by a 24% premium for homes listed in the last week of April in the Milwaukee-Waukesha-West Allis metropolitan area of Wisconsin.
Here is the best time to put a home on the market this spring.
1. Atlanta-Sandy Springs-Roswell, GA
> Best week to list a home: April 16, 2023
> Change in list price during best week: +8.9% from start of year
> Change in avg. days on market during best week: 8 days less than rest of year
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2. Austin-Round Rock, TX
> Best week to list a home: April 16, 2023
> Change in list price during best week: +11.0% from start of year
> Change in avg. days on market during best week: 14 days less than rest of year
3. Baltimore-Columbia-Towson, MD
> Best week to list a home: March 26, 2023
> Change in list price during best week: +6.2% from start of year
> Change in avg. days on market during best week: 9 days less than rest of year
4. Birmingham-Hoover, AL
> Best week to list a home: May 7, 2023
> Change in list price during best week: +11.7% from start of year
> Change in avg. days on market during best week: 11 days less than rest of year
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5. Boston-Cambridge-Newton, MA-NH
> Best week to list a home: March 26, 2023
> Change in list price during best week: +8.4% from start of year
> Change in avg. days on market during best week: 11 days less than rest of year
6. Buffalo-Cheektowaga-Niagara Falls, NY
> Best week to list a home: April 16, 2023
> Change in list price during best week: +16.3% from start of year
> Change in avg. days on market during best week: 10 days less than rest of year
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7. Charlotte-Concord-Gastonia, NC-SC
> Best week to list a home: March 26, 2023
> Change in list price during best week: +3.9% from start of year
> Change in avg. days on market during best week: 8 days less than rest of year
24/7 Wall St.
8. Chicago-Naperville-Elgin, IL-IN-WI
> Best week to list a home: March 26, 2023
> Change in list price during best week: +11.3% from start of year
> Change in avg. days on market during best week: 7 days less than rest of year
9. Cincinnati, OH-KY-IN
> Best week to list a home: March 26, 2023
> Change in list price during best week: +14.7% from start of year
> Change in avg. days on market during best week: 4 days less than rest of year
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10. Cleveland-Elyria, OH
> Best week to list a home: April 16, 2023
> Change in list price during best week: +14.3% from start of year
> Change in avg. days on market during best week: 9 days less than rest of year
11. Columbus, OH
> Best week to list a home: March 26, 2023
> Change in list price during best week: +11.8% from start of year
> Change in avg. days on market during best week: 9 days less than rest of year
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12. Dallas-Fort Worth-Arlington, TX
> Best week to list a home: March 26, 2023
> Change in list price during best week: +5.1% from start of year
> Change in avg. days on market during best week: 8 days less than rest of year
13. Denver-Aurora-Lakewood, CO
> Best week to list a home: March 12, 2023
> Change in list price during best week: +5.6% from start of year
> Change in avg. days on market during best week: 11 days less than rest of year
14. Detroit-Warren-Dearborn, MI
> Best week to list a home: April 16, 2023
> Change in list price during best week: +16.5% from start of year
> Change in avg. days on market during best week: 9 days less than rest of year
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15. Hartford-West Hartford-East Hartford, CT
> Best week to list a home: April 16, 2023
> Change in list price during best week: +5.5% from start of year
> Change in avg. days on market during best week: 15 days less than rest of year
16. Houston-The Woodlands-Sugar Land, TX
> Best week to list a home: April 16, 2023
> Change in list price during best week: +6.4% from start of year
> Change in avg. days on market during best week: 8 days less than rest of year
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17. Indianapolis-Carmel-Anderson, IN
> Best week to list a home: May 7, 2023
> Change in list price during best week: +15.4% from start of year
> Change in avg. days on market during best week: 10 days less than rest of year
18. Jacksonville, FL
> Best week to list a home: April 23, 2023
> Change in list price during best week: +8.4% from start of year
> Change in avg. days on market during best week: 9 days less than rest of year
19. Kansas City, MO-KS
> Best week to list a home: March 26, 2023
> Change in list price during best week: +8.7% from start of year
> Change in avg. days on market during best week: 6 days less than rest of year
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20. Las Vegas-Henderson-Paradise, NV
> Best week to list a home: April 23, 2023
> Change in list price during best week: +6.6% from start of year
> Change in avg. days on market during best week: 8 days less than rest of year
21. Los Angeles-Long Beach-Anaheim, CA
> Best week to list a home: March 26, 2023
> Change in list price during best week: +5.3% from start of year
> Change in avg. days on market during best week: 7 days less than rest of year
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22. Louisville/Jefferson County, KY-IN
> Best week to list a home: March 26, 2023
> Change in list price during best week: +12.1% from start of year
> Change in avg. days on market during best week: 5 days less than rest of year
23. Memphis, TN-MS-AR
> Best week to list a home: May 14, 2023
> Change in list price during best week: +11.4% from start of year
> Change in avg. days on market during best week: 10 days less than rest of year
24. Miami-Fort Lauderdale-West Palm Beach, FL
> Best week to list a home: April 23, 2023
> Change in list price during best week: +7.0% from start of year
> Change in avg. days on market during best week: 4 days less than rest of year
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25. Milwaukee-Waukesha-West Allis, WI
> Best week to list a home: April 23, 2023
> Change in list price during best week: +24.2% from start of year
> Change in avg. days on market during best week: 9 days less than rest of year
26. Minneapolis-St. Paul-Bloomington, MN-WI
> Best week to list a home: March 12, 2023
> Change in list price during best week: +6.3% from start of year
> Change in avg. days on market during best week: 6 days less than rest of year
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27. Nashville-DavidsonâMurfreesboroâFranklin, TN
> Best week to list a home: April 16, 2023
> Change in list price during best week: +7.1% from start of year
> Change in avg. days on market during best week: 7 days less than rest of year
24/7 Wall St.
28. New Orleans-Metairie, LA
> Best week to list a home: April 16, 2023
> Change in list price during best week: +5.9% from start of year
> Change in avg. days on market during best week: 10 days less than rest of year
29. New York-Newark-Jersey City, NY-NJ-PA
> Best week to list a home: April 16, 2023
> Change in list price during best week: +6.1% from start of year
> Change in avg. days on market during best week: 15 days less than rest of year
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30. Oklahoma City, OK
> Best week to list a home: March 12, 2023
> Change in list price during best week: +6.6% from start of year
> Change in avg. days on market during best week: 2 days more than rest of year
31. Orlando-Kissimmee-Sanford, FL
> Best week to list a home: April 23, 2023
> Change in list price during best week: +6.7% from start of year
> Change in avg. days on market during best week: 6 days less than rest of year
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32. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
> Best week to list a home: March 26, 2023
> Change in list price during best week: +5.6% from start of year
> Change in avg. days on market during best week: 8 days less than rest of year
33. Phoenix-Mesa-Scottsdale, AZ
> Best week to list a home: April 23, 2023
> Change in list price during best week: +6.1% from start of year
> Change in avg. days on market during best week: 5 days less than rest of year
34. Pittsburgh, PA
> Best week to list a home: April 16, 2023
> Change in list price during best week: +10.7% from start of year
> Change in avg. days on market during best week: 10 days less than rest of year
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35. Portland-Vancouver-Hillsboro, OR-WA
> Best week to list a home: March 26, 2023
> Change in list price during best week: +4.1% from start of year
> Change in avg. days on market during best week: 9 days less than rest of year
36. Providence-Warwick, RI-MA
> Best week to list a home: April 16, 2023
> Change in list price during best week: +4.5% from start of year
> Change in avg. days on market during best week: 8 days less than rest of year
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37. Raleigh, NC
> Best week to list a home: April 16, 2023
> Change in list price during best week: +7.3% from start of year
> Change in avg. days on market during best week: 12 days less than rest of year
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38. Richmond, VA
> Best week to list a home: March 19, 2023
> Change in list price during best week: +4.4% from start of year
> Change in avg. days on market during best week: 7 days less than rest of year
39. Riverside-San Bernardino-Ontario, CA
> Best week to list a home: March 26, 2023
> Change in list price during best week: +4.1% from start of year
> Change in avg. days on market during best week: 5 days less than rest of year
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40. Rochester, NY
> Best week to list a home: March 5, 2023
> Change in list price during best week: +11.2% from start of year
> Change in avg. days on market during best week: 1 days less than rest of year
41. SacramentoâRosevilleâArden-Arcade, CA
> Best week to list a home: April 2, 2023
> Change in list price during best week: +5.7% from start of year
> Change in avg. days on market during best week: 8 days less than rest of year
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42. San Antonio-New Braunfels, TX
> Best week to list a home: April 23, 2023
> Change in list price during best week: +6.4% from start of year
> Change in avg. days on market during best week: 9 days less than rest of year
43. San Diego-Carlsbad, CA
> Best week to list a home: March 26, 2023
> Change in list price during best week: +6.1% from start of year
> Change in avg. days on market during best week: 5 days less than rest of year
44. San Francisco-Oakland-Hayward, CA
> Best week to list a home: March 26, 2023
> Change in list price during best week: +12.3% from start of year
> Change in avg. days on market during best week: 7 days less than rest of year
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45. San Jose-Sunnyvale-Santa Clara, CA
> Best week to list a home: February 12, 2023
> Change in list price during best week: +6.5% from start of year
> Change in avg. days on market during best week: 14 days less than rest of year
46. Seattle-Tacoma-Bellevue, WA
> Best week to list a home: April 2, 2023
> Change in list price during best week: +11.6% from start of year
> Change in avg. days on market during best week: 10 days less than rest of year
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47. St. Louis, MO-IL
> Best week to list a home: March 26, 2023
> Change in list price during best week: +10.2% from start of year
> Change in avg. days on market during best week: 3 days less than rest of year
48. Tampa-St. Petersburg-Clearwater, FL
> Best week to list a home: April 23, 2023
> Change in list price during best week: +8.2% from start of year
> Change in avg. days on market during best week: 7 days less than rest of year
49. Virginia Beach-Norfolk-Newport News, VA-NC
> Best week to list a home: April 23, 2023
> Change in list price during best week: +7.0% from start of year
> Change in avg. days on market during best week: 9 days less than rest of year
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50. Washington-Arlington-Alexandria, DC-VA-MD-WV
> Best week to list a home: March 26, 2023
> Change in list price during best week: +7.2% from start of year
> Change in avg. days on market during best week: 9 days less than rest of year
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