ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), released an analysis of the best days of the year to sell a home, which shows that nine days of the year offer seller premiums of 10 percent or more – eight of which occur in the Summer months, while one occurs the day after Valentine’s day.
Hottest Days to Sell Your Home Infographic
According to the analysis, sellers who want to wait for the weather to heat up, will receive the hottest seller premiums as well. This analysis of more than 28 million single-family home and condo sales over the past eight years is evidence that Summer is when people are looking to buy, therefore if you’re looking to sell your home soon, now is the time to start.
“Since Summer is a time for vacations and outings, it’s no surprise that it’s also a time when people are most likely to move,” said Todd Teta, chief product officer with ATTOM Data Solutions. “Families start their home search when they know their kids will be out of school and when the weather is ideal for home viewing and moving, giving home sellers an upper hand in price negotiations.”
The months realizing the greatest seller premiums
June (9.2 percent); May (7.4 percent); July (7.3 percent); April (6.4 percent); March (6.1 percent); August (5.8 percent); February (5.6 percent); September (4.7 percent); November (4.0 percent); January (3.7 percent); October (3.3 percent); and December (3.3 percent).
Methodology
For this analysis ATTOM Data Solutions looked at any calendar days in the last eight years (2011 to 2018) with at least 10,000 single family home and condo sales. There were 362 days that matched these criteria, with the four exceptions being Jan. 1, July 4, Nov. 11 and Dec. 25.
Related Links
http://www.attomdata.com
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