If you've ever sold your home or even thought about it, you likely considered the time of year in which you would sell your home and how it would factor into the profit.
So, when is the best time of year to sell and house and why? It turns out the summer is the best time of year for sellers to make a higher profit when selling their home. According to ATTOM Data Solutions, eight of the nine best days of the year to sell a home, in which sellers generally receive a 10% premium, fall in the summer months, with the only outlier date being February 15th.
Chief product officer with ATTOM Data Solutions, Todd Teta, noted that "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," and that "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."
June 28th was found to be the best day for sellers, as they saw a premium of 10.8%, offering a median sales price of $205,000 and a median estimated value of $185,000. Overall, June was the best month for sellers, as the average seller premium is 9.22%. In comparison, those who sold in October and December saw a premium of 3.3% over the last eight years.
To find out more about which days follow June 28th as the best days of the year to sell, check out the full article here. If you're looking to buy or sell a home or have any other real estate need, please get in touch with us!
Chief product officer with ATTOM Data Solutions, Todd Teta, noted that "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," and that "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."
June 28th was found to be the best day for sellers, as they saw a premium of 10.8%, offering a median sales price of $205,000 and a median estimated value of $185,000. Overall, June was the best month for sellers, as the average seller premium is 9.22%. In comparison, those who sold in October and December saw a premium of 3.3% over the last eight years.
To find out more about which days follow June 28th as the best days of the year to sell, check out the full article here. If you're looking to buy or sell a home or have any other real estate need, please get in touch with us!
