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what month of any given year is the best for purchasing a home

  • December 12 2013 - Okeechobee
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Answers (7)

I think any time is a good time to buy a house.  There are usually more houses in the Spring to the Fall and winter usually drops off some.  Houses sell all year.  It seems to me that if you are looking to get better prices on foreclosure houses I would say in December. 
  • December 12 2013
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It is a common belief that home prices drop during the cold wintery months, but a buyer must also consider the limited inventory during the winter as well.  While there may be a greater number of price reductions during the winter months due to the drop in demand, there is also less supply of homes for sale on average.  So although you may find marginally better prices during the winter, you should have more choices available to you during the warmer months.
  • December 12 2013
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The best month to buy a house is when you're ready to go and find the house you love. Market variances don't matter all that much if you're looking for the place you're going to live.

If you're selling it helps to pay more attention to that though...
  • December 12 2013
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In the Des Moines market it's very seasonal.  From about Nov. to mid January things tend to be very quiet in the real estate market for a number of different reasons: Busy with family & holiday stuff, spending money on Christmas and people just don't want to look at homes in the cold and sellers don't want people going their home tracking in snow, dirt and the cold.

January - February is when people start getting the itch again, you start to see Internet activity increase and as soon as it starts warming up things start moving again.  Generally about 30% of the homes that sell all year will sell March - May.  So I would say in the Des Moines market spring to early summer is the best time to buy and will have the most inventory to choose from.

Hope this helps!

Matt Shaw
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  • December 12 2013
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Best time in Florida in Nov-Dec as the market slows down and sellers get more motivated.

More homes come on the market starting about Feb, so there may be more choices but there will also be more competition as that starts the season for homebuyers buying.
  • December 12 2013
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Generally speaking, I think the best time to buy is when there are not many buyers about so you have less competition for homes. This usually means November and December as people are often more focused on The Holidays than buying a home. Another benefit of this time of year is that anybody who has a home listed for sale is likely very motivated to sell.
  • December 12 2013
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That's a pretty broad question. If you live in more seasonal areas then Spring is always the hot time of the year because you can see how the home behaves when the snow melts, how energy efficient it is with heat, and how the drain tile, foundation walls, and drainage of the yard act. 

If you live in a more tropical or temperate climate I would say that there really isn't a bad time to buy a home outside of hurricane season or tornado season, but living in Wisconsin I'm more knowledgeable on the seasonal climates. 
  • December 12 2013
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