Don’t beware the ides of March if you’re a San Diego homeowner wishing to sell — the last two weeks of the month are the best time of the year to list a home for sale.
An analysis by Zillow, the national real estate marketplace, shows that homes listed from March 16 to 31 in San Diego take 13 fewer days to sell and command a 1 percent higher price.
Nationally the best time to sell is in the late spring — May 1 to 15 — but San Diego is blessed with better weather than average. Zillow found that markets with the largest gap between the best months and worst months to list are those with distinct climate changes, notably Seattle and Minneapolis.
“The housing market today is heavily influenced by low inventory,” said Zillow chief economist Dr. Svenja Gudell. “Faced with increasingly competitive markets, many buyers are forced to consider several homes and make multiple offers, elongating the home shopping experience. By listing homes further into the shopping season, sellers may attract buyers who are increasingly eager to purchase and may be more willing to pay a premium for the home.”
Where in America should you wait the longest to list? It turns out to be Houston, where the period June 1 to 15 is best.
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