Is the End of the Year A Good Time to Purchase a Home?

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Is the end of the year truly a good time to buy a home? This time of year, many homeowners go on vacation, meaning there are fewer houses on the market compared to other times of the year. We pulled the statistics from the last five years, and they show that inventory levels and the number of new listings have been lower compared to other months over that time. This means that if you’ve been looking for a home for a while and you know exactly what house you’d like, there’s a good chance you can negotiate a better price for it toward the year’s end. The stats from the past five years we pulled also showed that the year-end sales price has been lower than in previous months. To see my full message, watch this short video.

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Sophie Shen Real Estate Team
1525 McCarthy Blvd #1000 Milpitas, CA 95035


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