Getting ready to sell your New York home? Here’s how long you can expect it to take — and some tips on how to speed things up (and still get a great price).
- In 2022, the average time it takes to sell a home in New York — from listing through closing — is approximately 101 days. That’s 66 days to get an offer, plus the typical 35-day closing period.
- Key factors that impact New York home sale timelines include local market conditions (e.g., buyer demand, job market, rising home values, etc.), time of year, and your property’s type and condition.
- Your agent’s listing strategy (pricing, marketing, networking, etc.) and the buyer’s financing situation — i.e., the amount of time it takes for them to secure loan approval — will also influence how long your sale ultimately takes.
Read on to learn more about how long it takes to sell a house in New York and get some pro tips on how to speed up your sale, get better offers, and save thousands in the process.
|Editor’s Note: The data in this article may be slightly skewed because of COVID-19’s disruptive effect on real estate trends. See the table at the end of this article to compare data from before and after the pandemic and see how drastically trends were affected in your state.|
JUMP TO SECTION
- What’s the average time to sell a house in New York?
- Best time to sell a house in New York
- Best month to sell a house fast in New York
- Best month to sell a house in New York for price
- Tips to get your New York home sold
- Next steps for New York home sellers
- Additional resources for New York home sellers
What’s the average time to sell a house in New York?
The average time it takes to sell a house in New York is 101 days — 66 days to get an offer and an additional 35 days to close. This is approximately 21.7% slower than the national average.
Keep in mind that these are annual averages and the numbers will vary by month and/or season.
👋 Don't want to wait 101 days to sell your house?
Selling to a New York cash home buyer could put money in your bank account in as little as 7 days.
Clever Offers makes it easy to compare offer from top cash home buyers in New York. Just fill out the form below to get matched with a top local realtor, who will request offers on your behalf from trustworthy local companies. You'll also get a free home valuation, so you can see what your house is worth on the open market and be confident you're making the right decision.
You can request cash offers without any risk or obligation — if you're not happy with an offer, you're free to walk away.
Compare offers from top cash buyers, plus get an expert realtor's opinion on what your house is worth.
Best time to sell a house in New York
In addition to the average days on market and list price data, we’ve compiled data on the BEST (and worst) times to sell your New York house based on what’s most important to you:
- Fastest Time to Sell: When should you list your home if you’re looking to sell quickly?
- Highest Sale Price: What month should you list in to get the best possible price for your home?
Best month to sell a house fast in New York
The best month to sell a house fast in New York is June. The median time it takes for New York homes listed in June to sell is 46 days, which is 20 days faster than the annual average.
» READ: How to sell your house fast
Best month to sell a house in New York for price
The best month to sell a house in New York in terms of sale price is May. The median sale price in May is $600,000, which is 3.3% — or $19,242 — more than the annual average.
Tips to get your New York home sold
1. Time the market
In real estate, when you sell is often just as important as what you sell. If you don't sell at the right time, you can leave a lot of profit on the table. Speak with your realtor to determine the optimal selling time based on your local market trends.
2. Stage your home to sell
Most buyers begin deciding if they'll make a purchase as soon as they walk in the front door. As a seller, you need to stage your home to help buyers see your house as their new home. It's often worthwhile to hire an interior designer to help decorate the inside of your home to make it more welcoming.
3. Take professional photos for your listing
Your listing photos are going to be the main thing that catches a buyer's attention when they're scrolling through hundreds of listings. Make sure you hire a professional photographer to take some great pics of the interior and exterior of your home — and make sure you tidy up and stage your home before they do so!
4. Keep your home available for showings
If you don't make time in your schedule for showings, buyers are never going to have a chance to fall in love with your home. Even though it may be inconvenient or bothersome at times, make sure you make an effort to accommodate buyers when they want to make a visit.
5. Price your home competitively
Pricing your home competitively is incredibly important to the success of your sale. Price it too high, and buyers will just breeze right over it. Price it too low, and you're going to lose thousands in profits. Speak with your realtor about doing a comparative market analysis to help price your home.
Next steps for New York home sellers
If you’re looking to sell your home fast in New York and get a great price, Clever Real Estate can match you with a top local realtor from a trusted brand like Keller Williams or RE/MAX.
Clever also negotiates reduced 1.5% listing fees on your behalf. You'll get guaranteed full service and support from your agent, but pay half of the 3% listing fee most realtors charge.
Importantly, home sellers who list with Clever get their first qualified offer in an average of 24.1 days* — that’s 42 days faster than the average time to offer in New York. Find a top local agent and get a 1.5% listing fee now!
Want to find a top local agent without overpaying on realtor fees? Clever negotiates 1.5% listing fees with top-rated realtors from name-brand conventional brokerages like Keller Williams, RE/MAX, and Berkshire Hathaway.
Get guaranteed full service for half the rate these agents typically charge. Schedule a free, no obligation consultation with a top local agent today!
*Average time to offer for Clever home sellers