Despite steady mortgage rates around 6%, home buyers are slowly entering the market, causing a 4.2% increase in sales of previously owned homes. Realtor.com identifies the week of April 13-19 as an optimal time for sellers, with potential prices reaching $27,000 above typical values. This period is characterized by heightened buyer interest and faster sales, underscoring favorable market conditions for home listings and providing an early opportunity for sellers to maximize their returns.
"This is the right time of year to list and to get ahead," Joel Berner, senior economist at Realtor.com, told CNBC.
Realtor researchers determined that April 13 to 19 represents a balanced selection of market conditions that favor sellers.
Home prices during that week are 1.1% higher than the average week, and 6.7% higher than prices at the beginning of the year.
The week of April 13 to 19 witnesses homes selling more quickly, historically having 17.7% more views per listing than an average week throughout the year.
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