Do you know what can be the best day of the year to buy a home? Could you imagine that the end of spring and the beginning of summer are the best times for the housing real estate market? It is the conclusion after analyzing the data of more than 28 million transactions in the last eight years in the United States. And not only do you sell more on those dates, but you also get better prices for sellers. This is stated in the study carried out by Attom Data Solutions, which has been able to detect even the best days to sell throughout the year.
Summer, a good time to see houses
The reasons why there is more sale of homes in spring and summer are based on the time of the year in which people have more time to visit houses, the good weather accompanies and, for those with children in School-age, it is a good time to make the move. The greater flexibility of time to be able to make the visits seems to be one of the fundamental factors, and in that sense also influences the moment in which the sports seasons end, according to the authors of the study.
The data indicates that the most favourable month to sell houses and flats in June: more sales are made than in the rest of the months of the year. May, July, April, March and August follow. December and October are at the bottom of the ranking: although they register a number of important sales, it is when prices have been adjusted more to achieve sales. This may be, then, a good time, in the case of buyers, to get homes at a better price.
What are the exact best days to sell?
The analysis by days reveals that the best day of the year to sell a home is June 28, followed by May 31, June 21, June 20 and May 24. Another of the days highlighted in the United States for the sale of real estate is the day after Valentine's Day.
On the other hand, another American study indicates that the best day to publish the announcement of a home for sale is Thursday. According to Redfin, the properties announced that day of the week is sold much faster than those announced on Sunday or Monday, which would be the least favourable days.
And what happens in the Spanish market?
All these data are interesting and may indicate a certain trend, but they are not directly extrapolated to the national market. The differences between the two countries must be taken into account. For example, the school calendar - and that of sports competitions - ends much earlier in the United States than in Spain, so the conclusions are not directly applicable.