Monday
May 28, 2018

Study: May Is Luckiest Month for Sellers

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Study: May Is Luckiest Month for Sellers

May is the best month to sell a home nationwide, according to a new analysis by ATTOM Data Solutions, a real estate data firm. Researchers evaluated the sales of 14.7 million homes from 2011 to 2017 to pinpoint the month or date that offered the highest sales prices.

May saw the largest premiums above the estimated market value of 5.9 percent, on average—higher than any other month during the year. 

Mark your calendars: The best day of the year to sell a home, however, is June 28. That is the date when the average seller premium jumped to 9.1 percent, according to the analysis. 

The best month to sell can vary from market to market. Warmer weather markets may find the winter months offer the best chances for sellers. For example, Miami often posts its best month in January and Phoenix in November. 

The interactive map below from ATTOM Data Solutions shows the best months to sell a home in individual markets.

 

 

Source: ATTOM Data Solutions