Omaha Real Estate

This Just In: Data Says May is the Best Month to Sell Your Home

This Just In: Data Says May is the Best Month to Sell Your Home | MyKCM

According to a newly released study by ATTOM Data Solutions, selling your home in the month of May will net you an average of 5.9% above estimated market value for your home.

For the study, ATTOM performed an “analysis of 14.7 million home sales from 2011 to 2017” and found the average seller premium achieved for each month of the year. Below is a breakdown by month:

This Just In: Data Says May is the Best Month to Sell Your Home | MyKCM

ATTOM even went a step further and broke their results down by day.

Top 5 Days to Sell:

  • June 28th – 9.1% above market
  • February 15th – 9.0% above market
  • May 31st – 8.3% above market
  • May 29th – 8.2% above market
  • June 21st – 8.1% above market

It should come as no surprise that May and June dominate as the top months to sell and that 4 of the top 5 days to sell fall in those two months. The second quarter of the year (April, May, June) is referred to as the Spring Buyers Season, when competition is fierce to find a dream home, which often leads to bidding wars.

One caveat to mention though, is that when broken down by metro, ATTOM noticed that while warmer climates share in the overall trend, it turns out that they have different top months for sales. The best month to get the highest price in Miami, FL, for instance, was January, and Phoenix, AZ came in with November leading the charge.

If you’re thinking of selling your Omaha home this year, the time to list is NOW! According to the National Association of Realtors, homes sold in an average of just 30 days last month! If you list now, you’ll have a really good chance to sell in May or June, setting yourself up for getting the best price!

Bottom Line

Let’s get together to discuss the market conditions in our area and get you the most exposure to the buyers who are ready and willing to buy!

 

This Just In: Data Says May is the Best Month to Sell Your Home
share
According to a newly released study by ATTOM Data Solutions selling your home in the month of May will net you an average of 5. 9% above estimated market value for your home For the study, ATTOM performed an “analysis of 14. 7 million home… more
NEW LISTING! Papillion Home for Sale in Hickory Hill
share
SPECIAL FINANCING. PAY NO LENDER FEES. SAVE $4, 000 TO $7, 000! CALL 402-676-6700. This awesome Hickory Hill home will exceed your expectations. The huge main floor includes two living areas, a formal dining room and an eat-in kitchen with… more
New Study Shows ‘Best States for Millennials’
share
A new study by WalletHub used “30 key metrics, ranging from share of millennials to millennial unemployment rate to millennial voter-turnout rate” to find out which states are the ‘Best States for Millennials. ’ The Top 5 Best States for… more
Thinking of Selling Your Home? Why You Need A Pro in Your Corner
share
Thinking of Selling Your Home? Why You Need A Pro in Your Corner With home prices on the rise and buyer demand strong, some sellers may be tempted to try and sell their homes on their own (FSBO) without using the services of an Omaha real… more
NEW LISTING! Omaha Home for Sale in Crescent Oaks
share
SPECIAL FINANCING. PAY NO LENDER FEES. SAVE $4, 000 TO $7, 000! CALL 402-676-6700. Incredibly spacious split entry in Crescent Oaks. Discover the well-lit kitchen with plenty of cabinets, newer stainless steel appliances, pantry and a dinette area… more
How Much Do You Need to Make to Buy a Home in Your State?
share
It’s no mystery that cost of living varies drastically depending on where you live, so a new study by GOBankingRates set out to find out what minimum salary you would need to make in order to buy a median-priced home in each of the 50 states,… more
Rising Prices Help You Build Your Family’s Wealth
share
Over the next five years, home prices are expected to appreciate, on average, by 3. 6% per year and to grow by 18. 2% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and… more
NEW LISTING! Omaha Home for Sale in Tipton Place
share
SPECIAL FINANCING. PAY NO LENDER FEES. SAVE $4, 000 TO $7, 000! CALL 402-676-6700. INVESTOR SPECIAL! This home has plenty of space and lots of potential. This home needs extensive work but with some TLC this property will be a great investment… more
The COST of Your Next Home Will Be LESS Than Your Parents’ Home Was
share
There is no doubt that the price of a home in most regions of the country is greater now than at any time in history. However, when we look at the cost of a home, it is cheaper to own today than it has been historically. The Difference Between… more
NEW LISTING! Split Entry Home for Sale in Wycliffe
share
SPECIAL FINANCING. PAY NO LENDER FEES. SAVE $4, 000 TO $7, 000! CALL 402-676-6700. This starter home in Wycliffe may be the deal of the year. The beautiful kitchen has lots of cabinet space, a pantry and a dinette area with a walk-out to the deck… more