What Day of the Week do Most Buyers Look at Homes?

Article thumbnail

The real estate market is, truly, a market. Prices go up and down by the week. Playing the market right as a home seller can earn a tens of thousands more in a home sale (even hundreds of thousands). Playing the market right as a home buyer can in the reverse, save tens or hundreds of thousands of dollars. Here is our greater Portland real estate market there is a best time of the year to sell a home and a best time of the year to buy a home that has stayed pretty consistent over the last few decades, whether or not the overall market is rising or falling.

Not only is there a best and better time to sell or buy a home in, there is an idea time as a seller to list a home on the real estate market and there is a prime day of the week home buyers are out there touring to find a new place.

Most Sellers List their Homes for Sale on Thursdays

Sellers list on Thursdays because most of the buyer traffic for the week happens over the long weekend – Thursday through Monday. Also most sellers list on Thursday because home buyers typically will only wait so long to hear back on their offer before they pull it to look for something else (home buyers will typically not put out more than one offer at a time as they don’t want to get double committed). Traditionally in the Portland real estate market, most home buyers will tour the home over the long weekend and expect to hear back on their offer by the end of the long weekend – Monday.

Most Buyers View a Home for Sale on Sundays

Most home buyers tour properties over the long weekend, Thursday through Monday, with Sunday being the most popular. Sunday is a great day to tour a home because typically it is toward the end of the offer collecting period for the seller and the buyer or buyer’s agent will have an idea of how that new home on the market is performing. It gives the buyer a chance (typically) to see the home before the seller makes a decision and write up an offer.

The Slowest Days of the Week are Tuesdays and Wednesdays

No traffic mid-week? Don’t worry. As we’ve shown above the majority of home buyer traffic occurs Thursday through Monday of each week.

Ranking the Days of the Week for Home Buyer Traffic

Days of the Week Ranked by Home Buyer Showings
#4 Monday

How Many Showings Does it Take to Sell a Home?

We write an annual report on this too. Find out the latest average number of days it takes to sell a home in the Portland metro area.

Finding Up-to-Date Numbers on Today’s Home Buyer Traffic

We write monthly Portland metro real estate market reports. In those reports one of the key indicators we’re looking at is current home buyer traffic numbers. Simply check out our latest monthly report to find out the current level of home buyer traffic in the real estate market. Use the link in this paragraph, you won’t have to scroll down far to find the latest monthly report.

Sell your Home Faster and For More

Licensed here since 2003, my small team has completed over 2,000 local home sales in Oregon and SW Washington. We follow the research and stay ahead of the curve. Our max. charge in Portland area or SW Washington to sell a home is 4%. We strategically pay more to market our homes online on the top websites and pay for pro. photos, 3D tours, and more. Then we top it off with a cancel anytime policy for no charge. Learn more about our pay less and get more selling services here, call 503-714-1111, or simply chat with the bot on this site.

Buy a Home with the Best

Not only do we have dedicated selling agents, we have specialized top 1% buyers agents on our team as well. No matter the type of property you’re looking for, (condo, detached, farm, commercial, land, multi-family, specialized) we can help. Call 503-773-0000 or chat with our bot today.

Let's Connect
Contact us.

What My Clients Are Saying

You're looking to buy a house and reading reviews because this is a major decision. We entered the market to purchase a home very inexperienced and skeptical. We now own a house thanks to Stephen and his network. Stephen will be our first choice whenever we decide to buy or sell a property in the future.