HomeLight Launches Best Time to Sell Calculator to Show Homeowners the Best Time to Put Their Home on the Market

HomeLight’s new tool provides intelligence that helps homeowners sell faster and for more money

SAN FRANCISCO--()--HomeLight, the world’s leading marketplace for connecting homeowners with the best real estate agents, today launched a new tool, The Best Time to Sell Calculator. Using aggregated housing market data HomeLight has collected for specific areas, users can learn the best and worst months to list a home for sale, contributing to decreased time on the market and a more efficient transaction process. For example, February marks the most ideal time to list your home for sale if you live in the Los Angeles area.

Drawing on HomeLight’s analysis of more than 30 million residential real estate transactions, consumers will be able to enter their specific city or state to get an analysis of the best times to sell. The analysis report includes market trends such as sales prices and average number of days on the market to create a customized recommendation for the user’s geographic area. HomeLight’s real-time transaction data is changing the game in the rapidly growing real estate technology market by matching home sellers with the best possible agent based on their unique needs, and The Best Time to Sell Calculator arms sellers with more of the information they need to make informed decisions in what can be an emotionally and financially overwhelming process.

The below chart demonstrates the best months to close for price as well as for speed across ten top cities.

City Name

         

Most Lucrative Month for Sales

         

Fastest Month for Sales

           

List

         

Close

         

List

         

Close

San Francisco           September           October           April           May
Los Angeles           April           June           February           April
New York           September           March           January           July
Boston           November           January           April           June
Seattle           August           September           April           May
Chicago           April           June           April           June
Miami           April           August           May           September
Houston           April           June           May           July
Philadelphia           March           June           May           August
Phoenix           April           June           April           June
                                       

“We expect 2018 to be another phenomenal year for home sellers as inventory remains tight and prices hover at historically high levels. Our goal is to make the process of selling a home not only easier and less cumbersome, but also result in a better financial outcome for our customers in this favorable market,” said Matthew Proctor, Head of Content Marketing at HomeLight. “HomeLight understands that the sale of a home is one of the most significant financial decisions people make in their lives, and if you want to sell faster and get the most money it’s crucial that you consider all of the variables at play – from what time of year you list to your real estate agent’s experience with comparable homes.”

In the past year alone, HomeLight has helped homeowners list over $3B worth of homes. The company currently has data on over 2 million real estate agents, with more than 35,000 agents in its network nationwide. Agents can claim their profiles, upload additional data and transactions, and sign up for free to be part of the HomeLight network.

To learn more about HomeLight, visit www.HomeLight.com.

About HomeLight

HomeLight is the world’s leading marketplace for connecting home sellers with the best real estate agents. HomeLight’s algorithm uses real transaction data and matches buyers and sellers with agents proven to sell homes faster and for more money. These data-driven matches provide objective, personalized recommendations that accurately reflect past performance and success. HomeLight has information on over two million agents and actively works with over 35,000 of them. With offices in San Francisco and Phoenix, HomeLight conducts business nationwide. HomeLight is backed by Zeev Ventures, Menlo Ventures, SGVC, CitiVentures, Bullpen Capital, Crosslink Capital, Montage Ventures, GV, Innovation Endeavors and more. For more information, visit www.homelight.com.

Contacts

Version 2.0 Communications for HomeLight
Alexandra Saville, 646-741-1609
pr@homelight.com

Release Summary

HomeLight’s new Best Time to Sell Calculator provides intelligence that helps homeowners sell faster and for more money.

Contacts

Version 2.0 Communications for HomeLight
Alexandra Saville, 646-741-1609
pr@homelight.com