The Best Month To Buy A House

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If you’re looking to get the best bargain on a new home, then buying in the winter months is the best time to buy a house. If you’re more interested in a wider selection of homes, the Spring and Summer months have the most home listings.

While other popular real estate database sites, like Zillow, report May as the best month to list a house, it’s clear spring is the ideal season to get the most money for your home. Best time to list for top 20 largest U.S. metros

The best time of the month to close could depend on whether you’re purchasing a new home or refinancing the house you already have. Tip If your new home is in a homeowners’ association, fees are.

You should research to know the best time for selling a home in your area. Below is a short analysis of the best months to sell a house. Spring. In many locations, the first two weeks of May are the best time to sell a home. At this time, you can sell it at 18.5 days faster compared to any other month and at 5.9% more money.

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The key factor between the two is the size of the market. Spring months are normally considered to be the some of the best months to sell your house. This is because it is close to summer, a time when families have more flexible schedules and are more likely to commit to a larger project such as buying a new home.

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Based on the data above, you can see empirical evidence showing january has the lowest median sales price at closing and stays on the market the longest = the best time to buy a home. February is also a great time to buy a house as well. Conversely, June is the worst month to buy a property due to its highest median sales price at closing and shortest days on market.

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