The Votes Are In. The Best Time to Sell Your House Is …

You were all pretty excited about my post yesterday suggesting that home sales weren’t really all that seasonal. Admit it. You were enthralled.

Unfortunately, I only had data for new home sales, not the much larger number of existing homes sold each month. Well, today I have it. Here it is:

It appears that there’s a bit more seasonality in sales of existing homes than in sales of new homes. I’d guess that this is a supply-side thing: builders want to sell new homes whenever they’re finished, while homeowners wait until spring to sell their homes. Is this because most of us don’t want to sell in winter? Or because realtors tell us that markets are terrible in winter, thus creating a self-fulfilling prophecy? I don’t know. But perhaps realtors don’t like trudging around in the snow any more than the rest of us.

In any case, if you add up both new and existing homes, here’s what you get:

  • Spring:  26.5 percent of all home sales
  • Summer: 29.6 percent
  • Autumn: 24.1 percent
  • Winter: 19.8 percent

In other words, winter sucks, but spring, summer and autumn are all about the same.

HERE ARE THE FACTS:

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ONE MORE QUICK THING:

Our fall fundraising drive is off to a rough start, and we very much need to raise $250,000 in the next couple of weeks. If you value the journalism you get from Mother Jones, please help us do it with a donation today.

As we wrote over the summer, traffic has been down at Mother Jones and a lot of sites with many people thinking news is less important now that Donald Trump is no longer president. But if you're reading this, you're not one of those people, and we're hoping we can rally support from folks like you who really get why our reporting matters right now. And that's how it's always worked: For 45 years now, a relatively small group of readers (compared to everyone we reach) who pitch in from time to time has allowed Mother Jones to do the type of journalism the moment demands and keep it free for everyone else.

Please pitch in with a donation during our fall fundraising drive if you can. We can't afford to come up short, and there's still a long way to go by November 5.

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