Surely you can see the folly in this question:
The amount that any house is worth will depend on LOCATION, CONDITION AND DEMAND.
Naturally the Location is the primary factor.
But you must include Upgrades, Interest Rates and Programs.
Historically, 2-3 mos would take you to Sept and Oct which are down months because everyone is back at school and settled.
But, the most important factor for you to consider is that Real Estate cannot be measured in 2-3 month increments: Real Estae is a long term process 3-5 years.
Another consideration is your desire to live in THAT HOUSE:
Would you rather have a crappy house in a bad neighborhood that you made a great buy on, or,
Would you rather have a beautiful house in a great neighborhood to raise your kids in?
Good luck and may God bless
When you're in the Market to Purchase a home at todays Market, you should know that this is for a long term investment, not a 3-5 year deal, that hopefully I double up on value... those days are over.
If you're looking for an investment property that will provide you with a positive rental income flow, you have to buy a triplex of four-flex, put 30% down and rent them out. Also, you have to go to Stockton, Modesto to find below $250k multi-unit.
But if you're buying for your family then, go for it, that area is ok, but we can't predict what the Market will dictate.