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The Best Time to Sell A Home

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The Best Time to Sell A Home


April 26, 2018
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Photo: Unsplash/Debby Hudson

June 28th was found to be the best day of the year to sell a home in the United States, with a 9.1 percent premium over market value, per research from Attom Data Solutions.

Of course, real estate markets' value depend greatly on their locales. In Phoenix, home sellers can command the best price in November, as snowbirds descend on the state. In Shreveport, La., May is the best month for home selling, as it is in Pittsburgh, and Monroe, Mich., all commanding price premiums over 11 percent. In Shreveport, Bloomberg reports, the premium over market value is 16.9 percent.

Timing is everything when it comes to the housing market. There are key contributing factors such as the economy and the business cycle. There is the psyche of buyers -- where everything from the job market to interest rates to weather can play a role. With this in mind, Attom Data Solutions analyzed almost 15 million home sales from 2011 to 2017 to determine the best month to sell a home.

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