While spring typically has the most closings, it is not necessarily the best time to LIST your house for sale. The graph below shows a 1-year history of properties for sale, sold, and new listings on a month to month basis in the Nashua region (Nashua, Hudson, Hollis, and Merrimack). The red arrow points to the new listings on the month just before the inventory grew. The green arrow is when home closings where highest.
The best time to list a house for sale.
A large increase of homes came on the market in March(red arrow), which equates to more competition for a house listing. The months from May to August you see closings (green arrow). Since the time for a real estate transaction, from new listing to closing, can typically take 60-120 days (2-4 months) it makes sense the best time to list is the 3 months prior to the peak in closings.
So when is the best time to list a home for sale? The chart says: March through May, with early March being the tops. The market slows down considerably in August, so keep that in mind. This cycle is typical in New Hampshire.
-Just my thoughts. -Jenn
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The Nashua area real estate market. Merrimack real estate for sale. Hudson home for sale.
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