Each season can bring its own pros and cons for potential buyers in the market. The perfect time to buy a home can depend on your personal needs and requirements as a potential homeowner. Each season is analyzed below and the pros and cons of each are provided to help buyers determine when the best time to buy a home is for them.

Spring

Springtime is a time of environmental and metaphorical renewal. In real estate, springtime can be an ideal period for buyers to search for a home in a less competitive market. There are usually fewer people searching for a home to buy in the spring, especially in neighborhoods near schools. The catch is that Spring is also a time for fewer listings as putting a home up for sale is often done just before summer begins when the cold is gone, and plants are showing signs of growth and blooms (better exterior photos!).

For buyers, if they don’t mind a smaller pool to search from, Spring can provide an opportunity to snag a deal on a home while the winter price tag is still listed on a home.

Summer

As summer takes over spring, more homes will be listed on the market, in turn, drawing in more buyers. This is often because of the weather—most people don’t like to view a home when it is cold and winter gloom hangs in the air. For sellers, summer allows for brighter and more colorful exterior photos to be taken and displayed.

This is also a busy season because it serves as a break between school years where transitioning children from one district to another can go more smoothly and provide ample time to make friends in the new neighborhood before the school year resumes in August.

A major con to buying in summer is that many homes are listed at or above value due to the saturated buyer market.

Autumn

As autumn serves a transitional period for people, animals, and plants to prepare for the coming winter, it also serves as a transitional period in the real estate market, leading it to be one of the best times to buy. These homes have either been listed since Summer and haven’t sold, or buyers may be more encouraged to price low or welcome negotiations in order to sell quickly (especially those relying on the school year calendar). Autumn listings are considered off-season and can be few and far in-between, similar to the Springtime. So, while a great deal can be had, the available listings can be few.

Winter

A prime time for buyers without children who don’t mind a selective market and can envision the exterior of the home as it could be in the Spring or Summer. Winter can be harder on sellers, especially if they do not have photo comparisons of the home in more inviting weather.

Both sides of the market are also pressed for time and convenience with several back to back holidays at the end of the year. This can make it harder to leave home for a showing, find the time in the schedule to go look at a home, or to keep the home depersonalized without any holiday décor.