In today’s market, as home prices continue to hit record highs, most days are good days to be a seller.
However, there are specific days that offer sellers the biggest returns. And May is a great day to be a seller. According to ATTOM Data Solutions, which analyzed a decade of home sales from 2011 to 2021, representing 46.3 million sales, the best day to be a seller is May 23. Based on 134,806 sales analyzed, sellers had a sales premium of 18.3%, with a median sales price of $190,427, but a median estimated value of $161,000. The next best day is May 27, where sellers had a premium of 17%, based on 117,201 sales. The median sales price was $220,000, compared to a median estimated value of $188,000. May 16 followed, where sellers had a premium of 16.8%, based on 134,530 sales, with a median sales price of $190,000 and a median estimated value of $162,698. May 20 offers a premium of 15.4%, with 137,982 sales analyzed and a median sale price of $210,000 but a median estimated value of $182,000. Finally, May 19 offered sellers a premium of 14.9%, with 118,298 sales studied, with a median sales price of $215,000 and a median estimated value of $187,090. The report found that the top 15 days to be a seller are all fall in May alone.
Spring and summer remain the best months for sellers. Not surprisingly, May offers the highest premium for sellers at 12.6%, followed by June at 10.7% and July at 10%. October (5.2% premium), November (6.1%) and January (6.2%) are the month were sellers make the lowest premium.