The answer is February 1st. I got this conclusion by combing MLS stats for high closed prices in the towns I report: Cranford, Edison, Metuchen, Mountainside, Scotch Plains/Fanwood, Summit, Warren/Watchung, and Westfield.
Across the hundreds of sales in the towns, the average days on market was 61 and the average contract to closing period was 59 days. The highest week of the year for sale price as a percentage of list price was the first week of June. Subtract 120 days, and you get the best day of the year to list. A client and friend of mine tells me she is hearing "January is the new June" This is the third year I am recommending getting on market when the bonuses are paid or known, and the inventory is uncluttered. You can be ready for February if you call today and my stager gets to you in the next week or two!
Scott Gleason is a Westfield NJ resident and Realtor, expert in Luxury Home Marketing and local real estate investing. To learn about all things Westfield NJ, visit www.LuxuryHomesNJ.com. For superior results and a smooth experience selling or buying property in and around Westfield NJ, call Scott at 908-698-2630.
Comments(1)