Databases

States where homes sell the fastest

Selling a home is a big financial decision, as hundreds of thousands of dollars can be on the line. You might consider yourself lucky if your home sells quickly at a top price, but luck isn't the determining factor.

FindTheHome found that getting the best deal on your home sale can be all about timing. The data shows that the month when a house is listed can greatly impact the time it takes to sell.

Average Time on Market for Homes Listed in Georgia | FindTheHome

If you follow the historic trend, you’ll see major yearly fluctuations in the amount of time it takes for a listed home to clear the market. Look a little closer, and you’ll notice that nationally, the time it takes to sell your home is shortest in the springtime, and longest as winter approaches.

Digging deeper into these peaks and troughs, FindTheHome identified the optimal month to list your home in all the states for which time on market data was available.

Time on Market in Georgia | FindTheHome

Depending on the month they were listed, this chart shows how long houses were on the market in Georgia.

April is a good month to list a home in Georgia, as average time on market is just 48 days.

Shortest Time on Market in the U.S. | FindTheHome

To see how your state ranks nationally, check out the states where homes are flying off the shelves the fastest.

10. Oregon

Days on Market: 50 Best Month to Sell: May

Time on Market in Oregon | FindTheHome

9. Idaho

Days on Market: 48 Best Month to Sell: May

Time on Market in Idaho | FindTheHome

8. Georgia

Days on Market: 48 Best Month to Sell: April or May

Time on Market in Georgia | FindTheHome

7. Illinois

Days on Market: 46 Best Month to Sell: May

Time on Market in Illinois | FindTheHome

6. Michigan

Days on Market: 43 Best Month to Sell: June

Time on Market in Michigan | FindTheHome

5. California

Days on Market: 40 Best Month to Sell: April or May

Time on Market in California | FindTheHome

4. Minnesota

Days on Market: 40 Best Month to Sell: May

Time on Market in Minnesota | FindTheHome

3. Washington

Days on Market: 40 Best Month to Sell: May or June

Time on Market in Washington | FindTheHome

2. Texas

Days on Market: 38 Best Month to Sell: May or June

Time on Market in Texas | FindTheHome

1. Colorado

Days on Market: 28 Best Month to Sell: May

Time on Market in Colorado | FindTheHome

This story was originally published August 7, 2015 at 10:24 AM with the headline "States where homes sell the fastest."

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