Selling your home at the optimal time can increase its sale price. Trulia, a real estate platform, has created a map to help you pinpoint the ideal season to list your home in your state.
Jeff Kolko, Trulia’s Chief Economist, notes that there are clear peak seasons in the housing market. Winter is typically slower, while early in the year is more favorable for home sales. However, location also plays a significant role in determining the best time.
We analyzed six years of Trulia’s search data from January 2007 to December 2012 to determine when housing markets in each state tend to heat up. The data focuses on the state where the property is located, not the searcher's location. Given the growth in Trulia's site traffic over these years, we applied a seasonal adjustment model to account for this trend and reveal the regular seasonal patterns of search activity across the U.S.
Using this data, Trulia developed an interactive tool that allows users to explore housing trends by month. By hovering over a state, users can view the specific data for that region.
Understanding the peak seasons in your state is valuable whether you're looking to buy or sell. Follow the link to explore seasonal housing trends in your area.
