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What is the Best Day of the Week to Reduce the Price of an Ocala House?

What is the Best Day of the Week to Reduce the Price of an Ocala House?

What is the best day of the week to reduce the price of an Ocala house? If you need to lower the asking price for your listing, it’s important to pay attention to the day of the week you decide to make the change.

In this post, Scott Coldwell and our real estate team at Your Home Sold Guaranteed Realty - Coldwell Real Estate Services will discuss when you should reduce the price of your listing and why timing can have such a large impact on the success of your sale.

Key Takeaways:

  • According to a study by Zillow, the best day of the week to reduce the price of a house is Thursday. The study found that 18.5% of price cuts are made on Thursdays. 
  • Mondays, Tuesdays, and Wednesdays are the second best time for price cuts, with 17.5%, 17%, and 17.6% of price reductions made on these days, respectively.
  • Another study by Zillow found that homes listed on Thursday spend less time on the market and sell for top dollar. 

What is the Best Day of the Week to Reduce the Price of an Ocala House?

According to a study by Zillow, the best day of the week to reduce the price of a house is Thursday. The study found that 18.5% of price cuts are made on Thursdays. 

Mondays, Tuesdays, and Wednesdays are the second best time for price cuts, with 17.5%, 17%, and 17.6% of price reductions made on these days, respectively.

Fridays and the weekend are the worst times to reduce the price of a house. Only 13.7% of listings reduce their prices on Friday, while 5.8% reduce on Saturday and 9.9% reduce on Sunday.

Thursdays are the best days for price cuts because they have the best chance of being seen in time before weekend showings and open houses. While listing earlier in the week is also a good choice, it isn’t as ideal as Thursday because it gives buyers more time to discover other listings before the weekend.

In addition, another study by Zillow found that homes listed on Thursday spend less time on the market and sell for top dollar. So if you lower the price of your listing on Thursday, it has the best chance of being noticed by home buyers browsing other listings.

However, the best day of the week to reduce your listing price depends on your exact location. For this reason, it’s crucial to consult with a realtor before making a price change.

Avoid Price Reductions and Sell for Top Dollar with Scott Coldwell

What is the Best Day of the Week to Reduce the Price of an Ocala House?
Scott Coldwell

If you’re looking for the best realtor in Ocala, look no further than Scott Coldwell and our team at Your Home Sold Guaranteed Realty - Coldwell Real Estate Services. With 20+ years of experience in the industry, we are deeply familiar with the local Ocala housing market and know how to price a home to get it to sell fast.

Our track record of success is proven through our data– on average, we sell homes 48% faster and for 2.4% more money than our competitors. Plus, with our seller guarantees such as our Guaranteed Sale Program, you can ensure a risk-free home-selling experience

Contact us today at 352-290-3512, send a message to [javascript protected email address], or use the form on this page to learn more about working with our team.

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Scott Coldwell $ 223 SW Broadway St, Ocala, FL 34471 352-290-3512
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