Best Time of Year To Sell Property
Certain times of the year traditionally see more real estate activity than others - autumn and spring in particular.
With this in mind, it can be beneficial to try selling your property during these busy periods of where the better presentation of gardens and moderate weather often stimulates buyers to enter the real estate market.
However, it is important to keep in mind that a higher level of purchaser interest will likely be matched by a greater number of properties being placed on the market - potentially negating the original benefits of the larger group of buyers.
Taking into account the theory of supply versus demand that normally influences selling prices, choosing a different season to list your property may reduce your competition.
During the Christmas period for example, the real estate market tends to quieten down in most regions.
However, seasons do not always hold the greatest influence over buyer activity and selling prices. In many cases, factors such as births, deaths, marriages, divorces, job transfers and financial gain or loss play a significant role in determining when people to choose to move home.
This means that it is possible to sell a property at any time of year if necessary.
Traditionally spring and autumn are the busiest times for real estate, but does that necessarily mean it’s the best time to sell? Here is a look at how a pro-active attitude, dressing your home, appropriate pricing and less competition can work in your favour anytime of the year.