Why This Quarter 2 Could Be the Sweet Spot for Real Estate
As we step into April and the second quarter, the real estate market typically enters one of its most active and opportunity-rich periods.
According to Realtor.com and the National Association of Realtors (NAR), spring consistently brings increased buyer activity and a surge in new listings, making it a pivotal time for both sides of the transaction.
In fact, homes listed in early April typically sell faster and for more money, with data showing homes sold in April earn 2% more and sell 6 days faster on average than those listed later in the year!
As mortgage rates begin to stabilize and consumer confidence strengthens, buyers are coming off the sidelines—and sellers are stepping forward to take advantage of high demand and limited competition in key price brackets.
What This Means for You:
Buyers:
April brings a shower of new listings—but also a downpour of competition. Being pre-approved and having a clear homebuying strategy gives you a serious edge when it’s time to make an offer.
Fun Fact:
Homes listed in early spring often sell faster and for more money. So if you’re ready to pounce, now’s the time to bloom into action!
Sellers:
April to June is your golden window to shine. According to the National Association of Realtors (NAR), homes listed in the second quarter tend to attract more serious, qualified buyers—many of whom, as mentioned above, are pre-approved and ready to move quickly. This often leads to multiple offers, competitive bidding, and faster closings.
Fun Fact:
Homes sold in May typically net the highest prices of the year. So if you’ve been waiting for the perfect time to list, this is your moment to cash in on peak demand!
Make your move before the market does. Whether you’re buying, selling, or exploring your next real estate step, let’s connect now to design a strategy that puts you in the best possible position this quarter.
Source: NAR 2023 Home Buyers and Sellers Generational Trends Report
Source: Mortgage Bankers Association, Spring 2024 Market Outlook
