The majority of home sellers list in April. According to Zillow, April sees the highest number of new listings on average in the U.S. That same month is also considered the most competitive for finding and buying a property. While the business of the spring real estate market probably isn’t shocking, how strongly the numbers fluctuate just a few months later may be more surprising.
Zillow’s report shows that August is the month with the most inventory available. It’s also the month where the most discounts are made on available properties. Sellers are weary of the winter months ahead, school starting, and house hunters taking a step back from the market. Prices will begin to drop, with Zillow noting a 15.1 percent discount rate during the month. Again, different real estate markets will see variations of these numbers, but on average, August is one of the best times of year to buy real estate.