The Votes Are In. The Best Time to Sell Your House Is …

You were all pretty excited about my post yesterday suggesting that home sales weren’t really all that seasonal. Admit it. You were enthralled.

Unfortunately, I only had data for new home sales, not the much larger number of existing homes sold each month. Well, today I have it. Here it is:

It appears that there’s a bit more seasonality in sales of existing homes than in sales of new homes. I’d guess that this is a supply-side thing: builders want to sell new homes whenever they’re finished, while homeowners wait until spring to sell their homes. Is this because most of us don’t want to sell in winter? Or because realtors tell us that markets are terrible in winter, thus creating a self-fulfilling prophecy? I don’t know. But perhaps realtors don’t like trudging around in the snow any more than the rest of us.

In any case, if you add up both new and existing homes, here’s what you get:

  • Spring:  26.5 percent of all home sales
  • Summer: 29.6 percent
  • Autumn: 24.1 percent
  • Winter: 19.8 percent

In other words, winter sucks, but spring, summer and autumn are all about the same.

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THE TRUTH...

is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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