Why is December Statistically the Best Month to Buy a Home in Atlanta?
Posted by Brian Sims on Friday, November 12th, 2010 at 8:41am.Anyone who knows anything about real estate will tell you that Summer is the busiest time of year to buy and sell homes. But did you know that December is statistically the best month to buy a home in Atlanta?
I have to admit I was a little surprised when I looked at the numbers across Atlanta for the past 3 years. Prices in December are an average of 28% percent less than the price peak in June.
You might be thinking, "Well that's just because there's less to choose from." Believe it or not the average number of homes sold in December is only 3% less than the June peak as well.
Volume is at an all time high in December and prices are at an all time low. If you're considering buying a home this year, now is the time to do it while prices drop and volume goes up.
I have personally seen a significant spike in our business just in the past few weeks. If you're wondering where the best deals are, call one of our Hirsh Real Estate Specialists and we would be glad to show you!
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