The Best Time of Year to Buy or Sell a Home
November 8, 2020By Maggie Li
The Best Time of Year to Buy or Sell a Home
Is there a 'perfect' time? In Massachusetts, our market is heavily seasonal. Understanding these cycles can save you thousands.
Spring: The Selling Season
March through June is when inventory is highest.
- Best for Sellers: More buyers and bidding wars.
- Risk for Buyers: High competition and higher prices.
Fall: The Savvy Buyer's Window
September and October are excellent for buyers. Sellers who didn't sell in the spring are often motivated to close before the holidays.
Winter: The Quiet Market
Inventory is low, but the buyers who are out are serious. It's a great time for investors to find 'lingering' listings.
Wondering if you should wait until spring? Let's analyze the current off-season data.