When is the best day of the year to buy a home?
We all know it’s the most wonderful time of the year, but did you know that the most wonderful day of the year to purchase a home is also coming up? If you’re in the market to buy a home, don’t get too distracted with all the festive activities. The big day is almost here!
Best Day of the Year to Buy a Home: January 9th
According to a recent analysis performed by ATTOM the best day of the year to buy a home is…. January 9th. This is based on data of homes selling at the lowest premium above AVM, automated valuation model. In brief, the AVM is the estimated market value for a home. In the analysis by ATTOM the AVMs are compared to the actual sale price of homes for every day of the year. Furthermore, the data evaluates 47 million single family home and condo sales over the past 10 years. View the full article here to better understand the data analysis used to choose this date.
The Jacksonville Business Journal also highlighted these results from ATTOM’s data analysis. In summary, December 4th and October 9th came in second and third place, respectively, for the leading days to buy homes. On the contrary, May 28th was thrown under the bus as one of the most expensive days to purchase a home. Check out the article for the full list of top ten best days to buy a home.
Best Months of the Year to Buy a Home
The ATTOM article also reveals the best months to buy a home. “Nationally, the best months to buy are October (6.2 percent premium above market value); September (6.8 percent premium); November (6.8 percent premium); December (6.9 percent premium); and August (7.6 percent premium).”
Fluid Realty
Are you feeling inspired to buy your next home on, January 9th, the finest day of the year? Reach out to us today.
The Fluid Realty Team is Jacksonville’s top real estate group and local boutique brokerage. We provide a full-service experience with the best realtors in the area. Our expertise includes luxury beach real estate within the four Beaches of Jacksonville, FL: Atlantic Beach, Neptune Beach, Jacksonville Beach, and Ponte Vedra Beach.
