Seasonal Home Prices Pt. 2

Our previous article examined seasonal patterns for home prices’ rise and fall nationwide. Today we’ll be breaking down the same patterns for each of the 25 largest metropolitan areas.

Find your market in the table below to see the spread between the summer and winter seasons.

Clearly, in some markets the seasonal swing is much more dramatic than others. So much so that it amounts on average to over 10% of the cost of the home, more than the entire down payment in many cases!

Good real estate agents genuinely care about their clients. This is why they don’t want to be a stopped clock simultaneously claiming “it’s always the right time to buy” and “it’s always the right time to sell”. These seasonal swings are just one piece of the puzzle for the major financial decisions potential home buyers/sellers are facing, but the hope is buy making this data available to agents, they are better equipped to pass it along to those they serve.

Is your area not listed above? Keep an out for our upcoming article breaking down seasonal swings by climate, a close representation of any US city with the same weather patters. If you want to make sure you don’t miss it, subscribe to our newsletter here!