In general, the spring home-buying season (April to June) is considered the best time to sell a house. Homes sold in May, in particular, net a 12.8 percent seller premium (the amount above the home's market value), based on ATTOM’s 2023 analysis of single-family home and condo sales over the past 10 years.
However, that’s not always the case. The reality is that every market has a peak selling season—the time of year when most buyers are looking for houses. This depends on many factors, including buyer demographics, weather, local events, etc.
Summer typically brings out families who are looking to move while their kids are out of school. But in areas near ski resorts, for example, the winter season tends to bring out a bigger pool of buyers than during warmer weather. The same can be said in warmer areas, where the fall is often a hotter market for buyers. Winter, on the other hand, is also a popular time for people relocating for jobs, typically during January and February.
When you list in spring and summer, you have to be ready to compete with several other homes. Pricing your home aggressively and marketing your home properly during these times is critical to attract buyers. On the contrary, selling during the slower seasons where there’s less inventory means there’s less competition on the market.