December Is The Best Month To Purchase Your Home

December Is The Best Month To Purchase Your Home

Image title

Winter Is the Best Time for Home Buyers


The best days of the year to buy a home all fall in the month of December, according to a new analysis released by ATTOM Data Solutions, a real estate data firm.

Buyers who close on a home purchase the day after Christmas—Dec. 26—will likely realize the biggest discounts below full market value compared with any other day of the year, according to the study of more than 23 million single-family home and condo sales over the past six years.

“Closing on a home purchase the day after Christmas or on New Year’s Eve can be one of the most financially beneficial holiday-season gifts you can get,” says Todd Teta, chief product officer with ATTOM Data Solutions. “While lots of folks are shopping the day-after Christmas sales or getting ready to ring in the New Year, our data shows that buyers and investors are buying homes on those days at a discount. That’s a far cry from buying during June, when they are likely paying about a 7 percent premium.”

ATTOM researchers pegged Dec. 26, Dec. 31, and Dec. 4, in that order, as the best days for home buyers to grab the biggest discounts on their home sale.

The best month for buyers may differ regionally. The states that tend to see the biggest overall discounts below full market value in these corresponding months were Ohio (–7.4% in January); Michigan (–7.2% in February); Delaware (–6.3% in February); Tennessee (–6.2% in January); and New Jersey (–5.8% in December).



Carlos Alvarez Headshot
Author:
Phone: 702-502-3970
Dated: December 1st 2019
Views: 60
About Carlos: Carlos Alvarez has 20 years of real estate experience. He began his real estate career in Californi...

Property Search









RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

VEGAS CHRISTMAS LIGHT SHOWS - Christmas Light Shows in Las
To Move Or Not To Move That Is The Question - More Californians moving to Nevada
December Is The Best Month To Purchase Your Home - Winter Is the Best Time for Home
THE MEANING OF THANKSGIVING - Thanksgiving Day Thanksgiving

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Team Emanuele Real Estate
3046 South Durango Drive
Las Vegas, NV
702-475-6473
702-685-3600

Other Locations