Is June the Best Time to Buy? Summer Market Trends Explained
June is historically one of the hottest months for real estate—and not just because of the weather. With school out, longer days, and sellers eager to move, the summer market often brings increased activity. But is it the right time to buy?
Why June Heats Up the Market:
High Inventory: More listings hit the market in May and June, giving buyers more options.
Motivated Sellers: Many want to close before fall, making them more open to negotiation.
Longer Days, More Showings: Evening appointments are easier, giving buyers more flexibility.
Things to Watch For:
Increased Competition: Expect multiple-offer situations, especially in popular neighborhoods.
Rising Prices: Median sale prices tend to peak during the summer.
Quick Turnaround Times: Be ready to move fast on properties you love.
Tips for Buyers:
Get pre-approved before you tour.
Consider waiving small contingencies (but know your limits).
Work with a local agent who understands micro-trends by neighborhood.
Final Thought:
Buying in June can be a strategic move—but preparation is key. If you’re looking to make a move this summer, now’s the time to get serious.