Mar 22, 2025 - Business
The best time to sell your house, based on where you live
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U.S. homes listed late last May sold for 1.6% more — typically $5,600 — than any other time of year, according to a new Zillow report.
Why it matters: Mortgage rates remain elevated this spring.
- Some shoppers have adjusted to higher rates, though many still feel priced out or find few options available.
The big picture: The "best time to sell," per Zillow researchers, depends on where you live.
- Last year, it was as early as March in metro areas including San Diego (+2%) and Austin, Texas (+2.3%), and as late as November in Phoenix (+1.4%).
The intrigue: A national analysis by Realtor.com found the ideal week to list is coming up between April 13 and 19.
The latest: The average rate on the 30-year mortgage has stayed just under 7% for nine straight weeks, Freddie Mac data shows.
What we're watching: Mortgage rates continue to dictate the sluggish housing market.
- "When rates fall, more buyers rush in, putting upward pressure on prices, which could happen at any time of year," Zillow senior economist Orphe Divounguy said in the report.
