Legal Blog

April Flowers Bring… A Sellers’ Market in DC

When to sell and buy a home is a complicated question. It can also be deeply personal, given the amount of resources required for both sides. A recent study by Zillow provides some guidance – concluding the best time to list a home in the D.C. market is between April 1 and 15.

The data examined indicated that homes listed during that period yielded $3,800 more on final sale prices. Zillow also found that a majority of buyers research homes online, with Thursday being the most browsed day. The D.C. trend is like other markets, as the national average of the “peak” time to list for highest traffic and sales price is May.

Based on this information, potential sellers should consider consulting with a real estate agent in the coming months. Listing a property in April could result in a significant interest and a maximized purchase price.

 

If you have any questions about this or any other Labor and Employment topics, please contact me at tstringham@offitkurman.com or 703-745-1849

 

ABOUT THEODORA STRINGHAM

tstringham@offitkurman.com | 703-745-1849

Theodora Stringham assists individuals, businesses, and organizations with growing successfully while minimizing liability. Focusing on real estate and personnel needs, Ms. Stringham executes sustainable plans for real estate development and employee matters. She provides comprehensive representation for everyday growth issues, including, but not limited to, re-zonings, site plan approvals, eminent domain/valuation concerns, employment discrimination, and disciplinary issues. Ms. Stringham’s scope of representation ranges from identifying potential liability and providing counseling/trainings, all the way through representation at trial.

 

 

 

 

ABOUT OFFIT KURMAN

Offit Kurman is one of the fastest-growing, full-service law firms in the mid-Atlantic region. With over 185 attorneys offering a comprehensive range of services in virtually every legal category, the firm is well positioned to meet the needs of dynamic businesses and the people who own and operate them. Our twelve offices serve individual and corporate clients along the I95 corridor in the Virginia, Washington, DC, Maryland, Delaware, Pennsylvania, New Jersey, and New York City regions. At Offit Kurman, we are our clients’ most trusted legal advisors, professionals who help maximize and protect business value and personal wealth. In every interaction, we consistently maintain our clients’ confidence by remaining focused on furthering their objectives and achieving their goals in an efficient manner. Trust, knowledge, confidence—in a partner, that’s perfect.

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