If you’re planning to buy a home in 2024, timing could save you big money. The best week to buy is from September 29th to October 5th. During this golden week, buyers can expect prices to be nearly $15,000 lower than the summer peaks, along with 37% more listings, and fewer competing buyers.
This period offers an ideal combination of lower prices and more choices, making it perfect for first-time buyers or seasoned investors looking for deals. Here’s why you don’t want to miss it:
- Lower Prices: Prices drop by a significant margin—nearly $14,000—compared to summer highs.
- More Listings: Inventory sees a 37% boost during this week, meaning more homes to choose from.
- Less Competition: Fewer buyers mean more negotiating power and reduced risk of bidding wars.
This period offers a sweet spot for those who have been waiting for the right time to purchase. With the combination of more options, price reductions, and less competition, it's a perfect opportunity to capitalize on the market.
Pro Tip: Keep an eye on homes that have been on the market for a while. You may find motivated sellers who are willing to offer price cuts or incentives!