What are the best days to buy a home? According to a recent analysis, buyers who want to stretch their dollars should seek deals in December.

ATTOM Data Solutions released its annual analysis of the best days of the year to buy a home, which shows that only three days of the year offer discounts below estimated market value.

The study, which looked at more than 23 million single-family home and condo sales over the past six years, shows that buyers willing to close on a home purchase the day after Christmas realize the biggest discounts below the full market value of any day in the year.

“Closing on a home purchase the day after Christmas or on New Year’s Eve can be one of the most financially beneficial holiday-season gifts you can get,” said Todd Teta, chief product officer with ATTOM Data Solutions. “While lots of folks are shopping the day-after Christmas sales or getting ready to ring in the New Year, our data shows that buyers and investors are buying homes on those days at a discount. That’s a far cry from buying during June, when they are likely paying about a 7 percent premium.”

Best Months to Buy

The analysis also looked at the best months to buy at the national level (December) and at the state level.

Nationally, while December is considered the best month to buy overall, there is still about a 1.2 percent premium. However, you can expect to pay higher premiums if you plan on purchasing in the summer, with the month of June having the highest premium at 7.1 percent.

The states realizing the biggest discounts below full market value were Ohio (-7.4 percent in January); Michigan (-7.2 percent in February); Delaware (-6.3 percent in February); Tennessee (-6.2 percent in January); and New Jersey (-5.8 percent in December).