At the end of the selling season — when potential buyers have run out of other options and will pay more to avoid going empty handed — is when sellers can earn the most money.
Zillow found that the first half of May is the best time to sell, with a sales boost of $1,500 to the average home during that time. Homes also sell one to three weeks faster toward the end of the spring.
The site also found that homes listed on a Friday or Saturday get more views than those posted on a Monday, and that buyer interest drops dramatically after the first open house.
Homes that linger on the market rarely sell for at or above list price, but sometimes it depends on the market.
In Seattle, 84 percent and 74 percent of homes sold within 1 or 2 weeks, respectively, sell for at least their initial list price. In Chicago, only 44 percent and 33 percent of homes listed one or two weeks, respectively, sell at or above list.