The Best Day and Month to Buy a HomeBy RISMedia Staff
Every year the housing market has peak months and peak days for homebuyers to look out for, but these dates can change or be subject to debate. When should homebuyers be paying attention for the best month and day to buy in 2024?
A new analysis from ATTOM looked at 47 million single family home and condo sales over the past 10 years to determine the best month and day to buy a home based on the lowest premium above the automated valuation model (AVM). Overall, the report found that the best months to buy are October (6.2% premium); September (6.8% premium); November (6.8% premium); December (6.9% premium); and August (7.6% premium). The best day to buy a home: Jan. 9 3.8% premium Median sales price: $190,000 Median AVM: $183,000 The best month: October Oct. 9: 4.4% premium Median sales price: $215,000 Median AVM: $205,930 Oct. 2 and Oct. 10: 4.5% premium Median sales price: $210,000 Median AVM: $201,000 Oct. 16: 5.2% premium Median sales price: $219,779 Median AVM: $209,000 Other top days: Dec. 4: 4.4% premium Median sales price: $218,118 Median AVM: $209,000 Sept. 7: 4.6% premium Median sales price: $250,781 Median AVM: $239,700 Dec. 26: 5% premium Median sales price: $205,000 Median AVM: $195,330 Nov. 13: 5% premium Median sales price: $217,313 Median AVM: $207,000 Dec. 24: 5.1% premium Median sales price: $258,990 Median AVM: $246,408 For the full report, click here. |
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