April showers bring May flowers, and May flowers bring…. home sales? According to a new ATTOM Data Solutions analysis of 14.7 million home sales from 2011 to 2018, the best month to sell a home is May.
This month reaps the biggest premiums above estimated market value, at 5.9% on average, compared to any other month.The single best day of the year to sell a home, according to the analysis, is June 28, which sees an average seller premium of 9.1%.
The other top days to sell a home are February 15, May 31, May 29 and June 21, with premiums ranging from 9% to 8.1%.
“May is a bit of the early bird getting the worm because many home sellers wait until June or July to list their homes, but sellers willing to list a little earlier will face less competition from other sellers,” says Daren Blomquist, senior vice president at ATTOM Data Solutions. To actually sell a home in May, the home would likely have to be listed in April.
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