I JUST GOT THIS IN: Data Says May is the Best Month to Sell Your Home
According to a newly released study by ATTOM Data Solutions, selling your home in the month of May will net you an average of
5.9% above estimated market value for your home.
For the study, ATTOM performed an “analysis of 14.7 million home sales from 2011 to 2017” and found the average seller premium achieved
for each month of the year. Below is a breakdown by month:
ATTOMeven went a step further and broke their results down by day.
Top 5 Days to Sell:
June 28th– 9.1% above market
February 15th– 9.0% above market
May 31st– 8.3% above market
May 29th– 8.2% above market
June 21st– 8.1% above market
It should come as no surprise that May and June dominate as the top months to sell and that 4 of the top 5 days to sell fall in those two months. The second quarter of the year (April, May, June) is referred to as the Spring Buyers Season, when competition is fierce to find a dream home, which often leads to bidding wars.
If you’re thinking of selling your home this year, the time to list is NOW! According to theNational Association of Realtors, homes sold in an average of just 30 days last month! If you list now, you’ll have a really good chance to sell in May or June, setting yourself up for getting the best price!
Let’s get together to discuss the market conditions in our area and get you the most exposure to the buyers who are ready and willing to buy!
Author:Beverly Rodriguez Phone: 407-399-3447 Dated: May 7th 2018 Views: 823 About Beverly: Beverly Rodriguez manifest, integrity, energy, hard work, and creative service in every detail of yo...
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