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    Eric Marcus Chicago Homes

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    It's True: Homes Listed in Early June Sell for More

    As the real estate market heats up, sellers are eagerly preparing their homes for sale, aiming to capitalize on the surge...

    • Eric Marcus
    • May 22nd, 2024
    • 3 min read
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    As the real estate market heats up, sellers are eagerly preparing their homes for sale, aiming to capitalize on the surge in buyer activity. But did you know that timing could significantly impact the final sale price of your home? It's true – homes listed in early June tend to sell for more, and there are compelling reasons behind this phenomenon.

    According to a recent Zillow analysis of 2023 home sales, properties listed in the first two weeks of June sold for 2.3% more. That translates to a $7,700 boost on a typical U.S. home. This finding underscores the importance of strategic timing when selling your home and highlights the potential financial benefits of listing during this optimal window.

    Why else does listing your home in early June make such a difference? Let's explore the factors at play:

    1. Peak Buying Season

    June is historically one of the busiest months in the real estate calendar. Buyers who have been patiently waiting for the right property are ready to pounce as soon as it hits the market. This heightened demand can lead to multiple offers and bidding wars, ultimately driving up the sale price.

    2. Optimal Weather

    The weather in early June is often idyllic—warm but not scorching, with plenty of sunshine to showcase your home's best features. Buyers are more inclined to attend open houses and spend time exploring neighborhoods when the weather is favorable, increasing the likelihood of a successful sale. Additionally, June is when your landscaping is usually looking its best, improving your curb appeal and making your home more desirable.

    3. Emotional Appeal

    Summer represents a fresh start for many people, making it an emotionally charged time to buy a new home. Families envision creating memories in their new space, hosting backyard barbecues, and enjoying lazy afternoons in the sun. By listing your home in early June, you tap into this emotional resonance and position your property as the perfect backdrop for their summer dreams.

    4. Market Momentum

    Momentum is a powerful force in the real estate market. When buyers see that homes are selling quickly and at competitive prices, they're more motivated to act swiftly when they find a property they love. By listing your home in early June, you leverage the momentum of the peak buying season, increasing the likelihood of a fast and profitable sale.

    5. Less Competition

    While June is a popular time to list homes, it can often be less saturated than the spring market. Many sellers aim to list their properties earlier in the year, leaving fewer homes available for sale by the time June rolls around. With less competition, your home stands out more prominently to eager buyers, driving up demand and potentially increasing the sale price.

    In conclusion, timing is everything when it comes to selling your home for the highest possible price. By strategically listing your home in early June, you harness the power of peak buying season, optimal weather, emotional appeal, market momentum, and reduced competition. So, if you're considering selling your home this year, don't overlook the significance of timing. Take advantage of the June boom and set yourself up for a successful and lucrative sale. Your dream sale price may be just around the corner!

    June is right around the corner.

    If you're ready to capitalize on a prime season in the market, get in touch. We'll sell your home for top dollar on your timeline.

    Let's Go

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    About the author

    Eric Marcus

    773-732-9898
    I was born in South Bend, Indiana where my family owned and operated a small business for over 50 years. Every member of my family has been licensed to practice real estate, and my dad owns a real estate company in Indiana. After graduating with honors from Indiana University in 1991, I earned my CPA and worked for a big six accounting firm in Chicago. Combining my experience and entrepreneurial spirit, I started my own successful accounting business that I ran for 3 years. Next, I embarked on a career as a soybean trader at the Chicago Board of Trade, followed by a successful run as a stock options market maker at the Chicago Board of Options Exchange. I began my real estate career in 2003 as broker/owner of ESM Realty. My team has helped more than 600 clients buy and sell condominiums, townhouses, single family homes, multi-unit residential, and commercial properties. For 14 straight years, we were recognized by Chicago Association of Realtors as Top Producers. Our extensive marketing program includes premium placement on hundreds of websites, morechicagohomes.com and state of the art Facebook advertising. My team works tirelessly to make each client feel like they are our only client! We strive for the highest level of performance every day so that we exceed your highest expectations. Our business is 75%+ referral-based and we want you to not only be our client but our biggest raving fan. In December 2020, I brought my team to Keller Williams ONEChicago with branches in Lincoln Park, Lakeview and O'Hare. To set up a consultation or if you have any questions, please contact me at 773-732-9898.

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    1525 W. Belmont Avenue, Chicago, IL 60657

    773-732-9898
    [email protected]

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