what are the most active months for selling a house?

Asked by Ira, 60022 Tue May 3, 2011

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David Cooper, Agent, Los Angeles, CA
Tue May 3, 2011
If good schools are a top priority for buyers, then June/July seems to be the most active so the new owners can be moved in by Sept school opening


David Cooper. Las Vegas Foreclosure Investor in Bank Owned REOs with Cash Flow. email or call for FREE daily list +1-7024997037 not a real estate agent
1 vote
Ryan ORourke, Agent, Glencoe, IL
Tue May 3, 2011
Over the past 3 years in Glencoe, the highest number of home sales have occurred in June and July. Most of those homes went under contract in March, April, and May. See the link below for a detailed report on Glencoe home sales and other North Shore Communities.
1 vote
Margaret Moo…, Agent, Chapel Hill, NC
Thu Jan 17, 2013
In 2012 the months of May, June, July & August recorded the most closings, which means the properties went under contract 30 - 60 days before that, which is typical.
0 votes
Miekeba Jones, Agent, Silver Spring, MD
Thu Jan 17, 2013
Hi Ira, There is an increase in contracts around March.
0 votes
Deborah Bart…, Agent, Glencoe, IL
Thu Jan 17, 2013
Low Inventory! List Now! Buyers are out looking!
0 votes
Deborah Bart…, Agent, Glencoe, IL
Fri Nov 23, 2012
Believe or not the Market is Moving! There is very low Inventory on The North Shore! Interest Rates are at a Historical low. If your house isnt selling your price is too high or there is something that you don't think is a problem but everyone else who sees your house does! The worst thing a homeowner can do is not listen to their Realtor.
0 votes
Deborah Bart…, Agent, Glencoe, IL
Fri May 18, 2012
Great Question! Having been Representing the North Shore & Chicago area for over 10 years I have found that there still is a Spring Market but there is also a Fall one as well. Business Executives tend to have a good grip on the size of their Bonuses they will be receiving come mid November & a lot of Houses go under Contract in December, January & Feburary. Having a Business & Marketing Degree from University of Wisconsin Madison it was pounded into me that the Market is driven by the Confidence level in the Economy. For all the Nay Sayers out there....it appears we have a lot of confidence in the Current State of the Ecomony because Houses are going under Contract at a very high rate compared to the last 3-5 years! Yes, the Market is hot on the North Shore & I can see prices are starting to rise! The Rental Market is Off the charts high!
0 votes
valerie roon…, Agent, Hingham, MA
Tue May 10, 2011
If its priced well it will sell at any time but typically here in MA our busy months are March, April and May with market slowdown in June as school ends for the summer.
0 votes
Vicki Tull, Agent, Rehoboth Beach, DE
Tue May 10, 2011
It depends on the specific location - as it always does in real estate. Here in Rehoboth Beach, DE, June is when more properties sell (the transaction actually closes escrow). That means that April shows the most buyer activity in terms of searching for homes. It takes about 30-45 days to close a real estate deal, so if a home goes under contract in April, then it should settle by June.
0 votes
John Potter, , Cook County, IL
Tue May 10, 2011
The President of NAR says the Spring is. June 4th and 5th is National Open House days.
Web Reference:  http://uneappraisals.com
0 votes
Lora Horsley, Agent, Georgetown, MA
Tue May 10, 2011
In this market we are almost seasonless. When the right property comes up a buyer will move on it. Even re-lo's will rent in anticipation of finding just the right home. Want or need to sell, join the inventory, prepare your property well before listing and shore up your patience.
0 votes
John Papalas, Agent, New York, NY
Mon May 9, 2011
I would have to say March, April, and May.
0 votes
Monir Mamoun, Agent, Denville, NJ
Tue May 3, 2011
Great time are right after winter, Jan Feb, plus right before the school year, so it ramps up in June and July.

After that there is a lull till September, October. November, December are slow.
0 votes
Don Maclary, Agent, Virginia Beach, VA
Tue May 3, 2011
Homes that are priced correctly are active in any month, In today's market, The season no longer matters.
0 votes
Barbara Lipk…, Agent, Calabasas, CA
Tue May 3, 2011
Although most sellers think that Spring is the best time (March, April, May, June), any month may be the most active. In some years, December was the most active month as buyer snapped up end of the year deals. Serious buyers are looking all year round.
0 votes
Vicky Buhl, , Belvidere, IL
Tue May 3, 2011
We are definitely experiencing more showings and new listings the last 3 weeks. The weather in northern Illinois has been chilly which has delayed the rush but I think we are going strong now.
0 votes
Celeste Four…, Agent, Rehoboth, MA
Tue May 3, 2011
Hi Ira,

I find it gets busier in the Summer months her in MA.
0 votes
Joan DiVince…, Agent, Milford, CT
Tue May 3, 2011
Hi Ira,
Every market is different. In Connecticut, we start getting busy in February and it continues through June. Then we pick up again in September and keep busy right up to Thanksgiving. You really need to check with a local agent to find out what the market is like in your area.
Joan
0 votes
Roy Dehaven, , 29414
Tue May 3, 2011
Each region has its best few months. In SC and GA, March- June are excellent. Hot weather settles in in July and stays through September. We have lots of snow birds coming in late fall til December. 2nd Home buyers like to buy in the off season if the property has a good rental history such as ocean front homes. I have had deals fall through if the Chicago snow storms come in early where the sellers cant get their home seen and inspectors cant see the roof and drainage systems.
Web Reference:  http://www.beach1031.com
0 votes
Michelle Car…, Agent, Coppertino, AL
Tue May 3, 2011
Most buyers prefer to make the change during the late spring and summer months; however to see the real trends in your area, ask a local expert to send you how many homes sell in your zip code/neighborhood each month.
0 votes
Dorene Slavi…, Agent, Torrance, CA
Tue May 3, 2011
Dear Ira,
Well now is the time, Spring and Summer are the busiest for Agents and transactions! The weather is nice, school is out and there is time to look at homes.
0 votes
Joyce Kelley, Agent, Westborough, MA
Tue May 3, 2011
Hello,
Short and Sweet? Anytime IS the right time when your home is priced to sell for the neighborhood. Read on for more detail and thank you for asking, Ira and best of luck!
Well it all depends on your local market trends today! What I mean by that is every town, neighborhood right down to the street in many locals will establish a "local" invisible separation of values on any street anywhere! In my area it has been busy since December and now in May it is red-hot for 2011. Homes that are priced appropriately do get full-price offers or close to it and homes that are still out-of-whack price wise are sitting and sitting!
0 votes
Tim Page, , 99037
Tue May 3, 2011
Most of the sales occur in the summer months. List your home just before school gets out. From what Realtors tell me, when the sun comes out and when the schools get out, the season gets busy. And from my appraisal business, this is true, too. This is because most of the home buyers want to look at homes when it's nice and they don't want to move to a different home and change schools in the middle of the season.
0 votes
John Potter, , Cook County, IL
Tue May 3, 2011
It just takes one buyer for your house. Macro numbers do not always apply to a single house.
Web Reference:  http://uneappraisals.com
0 votes
Dayle Lively, Agent, Winnetka, IL
Tue May 3, 2011
Hello Ira,

Market activity varies from place to place, but since you're a Glencoe resident, info about the New Trier community is most pertinent for you. While the villages of Wilmette, Kenilworth, Winnetka, Glencoe, and Northfield have homeowners of various ages and stages of life, New Trier High School and its elementary feeder districts overwhelmingly attract families with school-age children--and those with young ones soon to be entering school. Of course, the excellent recreational facilities, proximity to the lake and easy commute to Chicago are also draws to the New Trier area. Thus, since these villages have such a strong focus on family life, the real estate market revolves significantly around the school calendar. Generally, the most active market begins shortly after the Super Bowl football game--sounds odd, I know, but late January/early February finds families finished with the holidays and ready to make plans as the new year unfolds. Since the average time between the signing of a purchase contract and closing on that purchase is 60 days, beginning a home search in late winter allows potential buyers the chance to explore communities and neighborhoods as well as available homes. Most families want to move into their new homes during the summer months and be settled before the new school year begins, so we usually see a surge of homes going under contract in the mid to late spring. This is therefore the most competitive time of year for both buyers and sellers--more inventory and more buyers.

Of course, people decide to move or are transferred at any time of the year; we usually see a less prominent surge of activity in September and October for people in these categories. Condos and homes that are geared more to empty nesters ( houses with one floor living) don't necessarily follow the same seasonal pattern as larger single family homes. Many buyers seeking these types of residences spend much or all of the winter months in warmer climates, so they're back here and looking more actively in the summer and fall.

I hope this helps give you a picture of the sales activity pattern that our local real estate market has traditionally experienced. Please let me know if you have any other questions or if you would like a market evaluation of your home.

Best regards,

Dayle Lively

847-507-8832
0 votes
Tanya Vovk, , 60093
Tue May 3, 2011
There is no such thing any more. Buyers are looking all year round. What they are looking for is a good condition and a good price. If you want to sell fast make the house look VERY GOOD and make sure to position it on the Market in such a way that it gets showings. Traffic is the key, not the month.
0 votes
Brandon Schu…, Agent, Western Springs, IL
Tue May 3, 2011
The most "active" time, with the most competition, is usually the spring and summer. The less active time, with the least amount of competition, is fall and winter.
0 votes
Exit Property…, Landlord,
Tue May 3, 2011
There is not a "good" answer to that question. Some people do start looking in the spring because they want to move before the new school year starts. So that is the most popular time to list. That being said I have sold many home between September and the new year. That is the period where fewer homes tend to be on the market because people are waiting for spring to list their.

I agree the right time to sell your home is when you are ready to sell. Pricing your home correctly, having it ready to be shown will make your home sell. So spring, summer or fall.....listing your home correctly price wise will get it sold!
Angie Morris
Exit Realty-Bob Lamb & Associates
615-556-8554 direct
0 votes
Anna M Brocco, Agent, Williston Park, NY
Tue May 3, 2011
Keep in mind that the best time to sell, is when you are ready to sell and need to sell; buyers do exist year round...
0 votes
Tim Moore, Agent, Kitty Hawk, NC
Tue May 3, 2011
Every market area is going to be somewhat different, but Spring is the most popular time in most places. Fall is next.
0 votes
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