News Mortgage News House Hunting? Get Bargains Between Now and Halloween Off the Charts: The Visual Says It All By Diccon Hyatt Published on October 8, 2021 Fact checked by Glenn Hunter Photo: simon2579/Getty Images While it still might be a seller’s market for residential real estate, October is the best month of the year for house hunters, a chart of home price data shows. Between 2013 and 2020, single-family homes and condos sold that month for an average of just 2.9% over what ATTOM Data’s computerized model estimated their true value was, the real estate data company said Thursday. That was the smallest premium for any month of the year, suggesting that October is usually the best time for homebuyers to harvest a good deal. Timing a purchase might be one way for homebuyers to find an advantage amid skyrocketing prices and low inventory, assuming that normal seasonal patterns haven’t been too disrupted by the pandemic. Despite October being the best month for home buying overall, the single best day of the year to buy was Dec. 5, when houses sold at a 1.6% premium over ATTOM’s model. Have a question, comment, or story to share? You can reach Diccon at dhyatt@thebalance.com. Was this page helpful? Thanks for your feedback! Tell us why! Other Submit Sources The Balance uses only high-quality sources, including peer-reviewed studies, to support the facts within our articles. Read our editorial process to learn more about how we fact-check and keep our content accurate, reliable, and trustworthy. ATOM Data. “October Is Ripe for Homebuyers According to Analysis from ATTOM on Historical Home Sales.” First American. “Will Housing Market Seasonality Return to Normal?”