Are there really better times of the year to buy homes for sale in Coral Springs? As consumers, we all know that there are seasonal times when buying some items are better than others, but homes? According to research, there actually are better times than others when homes for sale in Coral Springs are more likely to provide home buyers with a great deal.
Best Finds on Homes for Sale in Coral Springs
A report from RealtyTrac found October is the ideal month in the whole year to buy a home. This includes homes for sale in Coral Springs and elsewhere. The 10th month of the year is the month that has proven to be the one for the smartest deals on average.
This conclusion comes from a RealtyTrac analysis that examined the past 15 years of real estate transactions. With these numbers in hand, RealtyTrac analysts found that the average sales price on homes for sale in Coral Springs and others across the nation that were sold in October closed 2.6 percent below the average full market value estimated for the property at the time of the sale. October’s percentage was the lowest price of the entire year.
Colder Seasons Prove to Be Better Times to Buy
With October leading the way, the top five months of the year when home buyers are most likely to find the best deals almost all are in the fall and winter months. The best months to buy homes for sale in Coral Springs and elsewhere are:
- October
- February
- July
- December
- January
With July being the only exception, Coral Springs real estate experts see home buyers getting better deals during the winter time months primarily because there is less competition. This could be related to families being too busy during the school year to even think about house hunting.
Homes for sale in Coral Springs listed on the real estate rolls during the winter months may not drive any interest. Sellers often find trying to move their homes for sale in Coral Springs at this time of the year nearly impossible. During December, January, and February, home sellers typically will receive fewer requests for tours and a lower number of offers, which can lead them to lower their sales price particularly if they need to move within a certain period of time.
Weekdays Better Than Weekends for Deals
Coral Springs real estate professionals expect to have more people available to look at homes for sale in Coral Springs than during the week, and so do home sellers. The weekends are not the time home buyers will find the best deals on homes. Try shopping during the work week.
Similar to the months of the year, the days of the week that are best may not be the most convenient but can definitely save home buyers money.
RealtyTrac research points to Monday as the best weekday to buy homes for sale in Coral Springs with Friday coming in next. The other weekdays earned their spots in the top five with Tuesday, Wednesday and Thursday following in subsequent order for earning the best percent average discount.
