Sellers May Nab Highest Price Premiums in May
May 6, 2022
Home sellers may find the best opportunities to watch their profits peak this month, according to a new study from ATTOM Data Solutions, a real estate data firm. The spring and summer months are the best times of year to obtain the highest home seller profits, according to ATTOM’s analysis, based on home sale trends over the past 11 years.
The months of May, June, and July offer seller premiums of 10% or more above market value.
The top 15 days to sell are led by May 23, May 27, May 16, May 20, and May 19, according to the study. All five of those dates offer a seller premium between 15% and 18%, according to the study.
“Homeowners looking to maximize the price premium they can claim on their homes should sell their properties in May, June, and July when buying activity is at its peak,” says Rick Sharga, executive vice president of market intelligence at ATTOM.
Updated: May 20, 2022