I don't think this is really always the case for our area in Florida but it makes a lot of sense in other parts of the country!
Key takeaways
Summer is typically the most expensive time to buy. In the majority of metro areas analyzed, home sale prices peak in June and July. Inventory is also highest those months, but so is competition.
Sale prices fall in autumn. Home listing prices don’t fall dramatically once summer ends — they only decrease less than half a percent in the fall. But sale prices take a noticeable dip. In the 50 metro areas, home sale prices dropped 2.96% on average — that’s a drop of $8,300 on the median home — from summer (June through August) to fall (September through November).
Home sale prices are usually lowest in winter. If you can wait a little longer to buy, hold off until January or February, when homes cost 8.45% less on average than in June through August. January had the cheapest sale prices in 29 of the 50 metro areas, and February had the cheapest prices in 19 areas.
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