When Are the Best Days of the Year to Sell Your Home?
There are plenty of factors that make potential sellers hesitant to list their homes for sale. But if you’ve been considering listing your home, now’s the time to take action. A recent study by ATTOM Data Solutions reveals that out of the 9 best days of the year to sell a home, 8 of them fall in the summer. Sellers that wait for the weather to heat up reap the most rewards, bringing in seller’s premiums around 10 percent. After analyzing 28 million single-family homes and condo sales from 2011-2018, ATTOM Data Solutions concluded that sellers that list in the warmer months of the year will garner the best seller premiums. Here is some detailed information about the best days of the year to sell your home.
The Best Time of Year to Sell Your Home
During the summer many families go on vacation and outings. It’s also when people are most likely to move. The kids are out of school, the weather is amenable and there are plenty of hands on deck to be able to help with the moving process. It’s also the best time of year to sell a home. As far as specific days go, May 24, June 20, June 21, May 31 and June 28 are the best days of the year historically, to sell a home, garnering a pretty seller premium.
ATTOM Data Solutions broke down eight years of data and ranked the best months of the year to sell a home. Here are their findings:
1. June
– Number of sales: 2,881,440
– Seller Premium 9.2%
2. May
– Number of sales: 2,657,045
– Seller Premium 7.4%
3. July
– Number of sales: 2,752,755
– Seller Premium 7.3%
4. April
– Number of sales: 2,372,242
– Seller Premium 6.4%
5. March
– Number of sales: 2,247,224
– Seller Premium 6.1%
6. August
– Number of sales: 2,802,268
– Seller Premium 5.8%
7. February
– Number of sales: 1,694,513
– Seller Premium 5.6%
8. September
– Number of sales: 2,423,163
– Seller Premium 4.7%
9. November
– Number of sales: 2,094,175
– Seller Premium 4%
10. January
– Number of sales: 1,762,726
– Seller Premium 3.7%
11. October
– Number of sales: 2,440,413
– Seller Premium 3.3%
12. December
– Number of sales: 2,657,045
– Seller Premium 3.3%
List Your Orange County Home Today
The writing is on the wall and the data shows that warmer months are going to get a great sellers premium. With low interest rates, buyers have more spending power than ever before. If you’ve been waiting to list your home, it’s time to reconsider. Rosemary Hieber has sold more than $275 million in her tenure with Coldwell Banker and was the #1 Agent in both the Laguna Niguel and Ladera Ranch offices in 2018. She is honored to help families, couples and retirees throughout Orange County sell their homes at a premium and she would love to do the same for you. Contact her today in order to start the listing process.