Apr 8, 2024 - News

The best time to sell your SF house

2023 San Francisco home sale premiums, by listing date
Data: Zillow; Chart: Erin Davis/Axios Visuals

San Francisco metro homes listed in late February make the most profit, per a new Zillow report.

Why it matters: Sellers need all the cash they can get to make their next move more palatable.

State of play: In 2023, sellers in San Francisco made the highest profits in the last two weeks of February, Zillow data shows.

  • Homes listed in that time frame saw a $50,300 boost.

What they're saying: "The old logic was that sellers could earn a premium by listing in late spring, when search activity hit its peak," the Zillow study says.

  • "Now, with persistently low inventory, mortgage rate fluctuations make their own seasonality," according to the report.

The other side: Buyers, if you want to avoid peak pricing, consider shopping from August through January.

What's next: Interest rate cuts aren't expected anytime soon, but if those rates do fall in 2024, we may have a second spring market.

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