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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TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

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