Despite knowing they may find a better bargain in winter or fall, home buyers always tend to come out in spring. The reasons aren’t that hard to figure out. For one, the weather is generally nicer. But more importantly, buyers with kids can move with the least amount of disruption if they do it in summer, before the new school year. That’s why spring and early summer are the housing market’s hottest times of year. But, naturally, an influx of buyers leads to competition, which can lead to bidding wars and higher prices. That means while spring may be a convenient time for buyers, it’s a profitable time for sellers. How profitable? Well, according to one recent analysis, home sellers who listed their homes during the final two weeks of May sold their homes for 1.7 percent more than sellers who sold at other times of year. That works out to about $6,000 more on a typical home. In cities like Boston or Seattle, though, selling in late spring can mean making more than $20,000 more on your sale. (source)
