The seasons are just one factor to consider when it comes to deciding whether or not it’s a good time to sell, but there’s no doubt that this time of year brings about some distinct advantages.
For one, there are generally a lot more buyers out in spring and they may have time constraints and need to find a property and get organised before the start of the next school year.
A few other reasons why you should list over spring include…
Buyers want to get in by Christmas – Buyers come out of their winter cocoons and hit the pavements in spring hoping of finding their dream home, but they might have a deadline. Many buyers are anxious to move into a home quickly so they are all settled in by Christmas. December and January can be very quiet periods for real estate so if you want to have as many eyes on your property as possible, it’s best to list over spring.
It’s all about kerb appeal – There’s no denying that properties look more appealing in spring when the grass is greener and flowers are out in bloom. This can lure in buyers, particularly if the property has been freshly painted and the garden has been well maintained.
Easier to move on – If you’re thinking about selling then you’re probably thinking about finding a home to buy as well. With increased housing stock available during spring, it’s much easier for sellers to quickly find a new property to move onto once they hand over their keys. This makes spring a great time for those looking to buy and sell simultaneously.
Reasons you may like to wait…
Some property markets get more attention in summer – Every property market is different and holiday destinations in particular may be more popular in the summer months due to having more visitors at that time of year.
Less competition in the festive season – There is normally limited stock available in December, which means that those homes on the market over summer will get more attention. There are always buyers around and some may be in a rush to buy in summer if they have been looking since the start of spring and haven’t been able to find anything else yet.
Only list when you’re ready. At the end of the day the best time to list is when it’s the best time for you! If you’re looking for any advice about timing the market to optimise your sale price then get in touch with your local Professionals Real Estate Agent on 03 5442 1122.