The market tends to slow in the fall and sales prices start to dip. Sales prices drop nearly 3 percent, on average from summer (June through August) to fall (September through November).
Home sale prices tend to be cheapest in the winter. In January or February, for example, homes could potentially cost 8.45 percent less on average than in June through August.
Be able to choose the best time to look for the best buy and now is a great time to start the process.
Source: “House Shopping After Summer Ends? Buying Later in the Year Could Save You Thousands,” NerdWallet (Sept. 20, 2016)