BMClogo

If you’re ready to sell your home in New England, preparing yourself for success is key – whether that means getting the highest dollar or closing quickly. Contacting the right local agent and preparing a home is an important step, but you can make a difference when you list it.

To determine the best time to sell a home in New England, we spoke with Isadora Sarto, a highly rated local agent who has a home of 35% faster than her peers. She shares useful insights and practical advice to help you attract serious buyers as quickly as possible.

What is your New England home worth?

Get nearly built real estate home price estimates from Homelight for free. Our tools analyze records of recent homes sold near you, the last sale price of your home, and other market trends to provide initial value in less than two minutes.

New England Housing Trends

In New England, housing trends vary by state. For example, in Massachusetts, homes are usually for sale about 28 days after they go public. In New Hampshire, homes sell in about 19 days. This time range is called “Days on the Market” (DOM), which measures the date of listing and the duration of when the purchase agreement is signed. By comparison, the national average DOM is currently 53 days.

“What I’m going to say is that if the seller is pricing right and using real estate agents and brokers like me who are doing well in this market, we still have a very strong market.”

Median home prices are another measure that changes state by state. In Massachusetts, homes sold for about $725,000, indicating a year-on-year increase of 3.6%, while in New Hampshire, the median price was $565,000, reflecting a 4.6% increase last year.

“The buyers are still a little on the sidelines due to economic uncertainty. The sellers are still off the market and unfortunately many of them are overpriced because they are trapped in the idea of this unicorn era, which is basically the corporate era,” Sator said.

What does this mean for home sellers? While some areas remain competitive, rural and suburban areas show signs of a transfer to buyer-friendly conditions, stocks have increased and longer on the market. Sellers across New England may still find strong opportunities, but as buyers weigh more and more options, the right pricing and presentation is becoming more and more important.

When is the best time to sell your home in New England?

The market in New England has traditionally experienced seasonal cycles, with sales rising in the spring and summer. This period spans April to August, tending to provide the greatest potential for maximizing returns. If your goal is to sell quickly, the best time to sell a home in New England will begin in March.

Since it can take weeks to find a buyer, plus about 40 days of closing financing, it is wise to list your property for two to three months before the busiest sales period.

“We are really cold in season. Four months of the year, it’s cold. But I think there’s always a buyer who wants to buy a home that has the right price and sells well,” Sarto said.

Now, let’s take a look at local sales data to determine the best time to sell your home in New England, whether you’re prioritizing the maximum profit or fast turnover.

Best time to sell your home in Boston

Sales Target List Month Close for one month benefit
The best time to get a higher price Moving June You can sell your home at a price of 2.93% higher than the annual average.
The best time to sell quickly Moving June You can sell your home 13 days ahead of the other listed houses in a few months.

Best time to sell your home in Worcester

Sales Target List Month Close for one month benefit
The best time to get a higher price possible August You can sell your home at a price of 4.14% higher than the annual average.
The best time to sell quickly April July You can sell your home 12 days ahead of the other listed houses in a few months.

Best time to sell homes in Providence

Sales Target List Month Close for one month benefit
The best time to get a higher price August November You can sell your home at a price of 15.72% above the annual average.
The best time to sell quickly February possible You can sell for X days than other houses listed in a few months.

Best time to sell your home in Springfield

Sales Target List Month Close for one month benefit
The best time to get a higher price April July You can sell your home at a price of 5.40% higher than the annual average.
The best time to sell quickly April July You can get 8 days ahead of the home listed in other months.

Best time to sell your home in Bridgeport

Sales Target List Month Close for one month benefit
The best time to get a higher price possible August You can sell your home at an annual average of 12.75%.
The best time to sell quickly April July You can get 8 days ahead of the home listed in other months.

Best time to sell your home in Stamford

Sales Target List Month Close for one month benefit
The best time to get a higher price April July You can sell your home at a price of 5.53% higher than the annual average.
The best time to sell quickly April July You can sell your home 13 days ahead of the other listed houses in a few months.

Best time to sell your home in New Haven

Sales Target List Month Close for one month benefit
The best time to get a higher price Moving June You can sell your home at a price of 15.66% above the annual average.
The best time to sell quickly Moving June You can sell your home 13 days ahead of the other listed houses in a few months.

All tables are based on historical home sales data from 2014 – 2024

For more insights on sales schedules in other cities, visit our best time to sell calculator.

With this knowledge, you will have a full location to consult the best local real estate agents who can provide expert guidance on the best time to sell your home in New England based on your location, personal circumstances and current market trends.

Source link