The Labour Day Effect
Anecdotally many sellers take August off from listing their homes, and plan to list at the beginning of September, which our market experienced with an unusually higher list to sales ratio with less inventory stocking the preverbal shelves pre-labour day.
Based on data from 2023 and 2024 we have just proved the Post Labour Day listing surge, and projected what will occur in the first 2 weeks after Labour Day in our market.
Listings surge right after Labour Day, peak a week later, then drop off by week 2. Sales lag but catch up by week 2, where 2024 showed the strongest recovery. Our projection suggests 2025 will follow the same cycle: early listings flood, sales rebound by week 2.
