There Really Is A Spring Market!
May 10, 2023
We've always heard that there's a "spring market" in real estate going back years when families bought in the spring so that they could move & their children could be registered for school in time for September.
Depending on where you live there could be other peak selling times too but the most comprehensive report has recently been released from Attomdata. It analyzed 51 milion sales of houses & condos in the US over 11 years & found that Sellers got the highest premium on sale price during these months:
Every market is a little different but it does show a general trend that's hard to argue based on their data. Not surprisingly, the price premium declines in the last few months of the year.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
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