What is the best time to list your property for sale? This is the number one question that prospective home-sellers ask their housing professionals.
Spring – which starts in September and ends in November – is traditionally considered the peak home-selling season in Australia. The autumn months of March through May and December are also good times to sell your property.
Many housing experts, however, say that home-sellers have other options apart from these traditionally active months – and the decision often boils down to personal circumstances and local market conditions.
How do you know when you need to leave your home?
There are many reasons why you may feel the need to leave your home. This could be because you have reached major life milestones like having a child or achieving your dream job. As you approach retirement, it is possible to rent your house or to downsize. Your neighbors may pressure you or increase maintenance costs.
It doesn’t matter what factors are driving you to sell your home. You need to evaluate the market to determine the best times to list it. These are the benefits and disadvantages of selling your house in each season.
What are the advantages of selling your spring house?
Buyers tend to flood the market in spring as the public holidays and the season’s pleasant weather provide the perfect conditions for house hunting. People are more optimistic when there is warmer weather. Many people are eager to see open houses and private viewings outside. A high number of potential buyers can lead to increased competition, which may result in a higher selling price.
This is the best season to show off your garden. The flowers are in full flower and the leaves still green. Natural lighting can also make your home’s interior look brighter and more appealing to potential buyers.
What are the advantages of selling your home in spring?
The downside to strong competition is that you may not be able to sell your home quickly enough. In saturated markets, buyers have more choices and are more selective. You must make sure your property stands out. Your home may stay on the market longer that you anticipated, which can lead to buyers believing there is something wrong.
What are the benefits to selling your summer home?
Summer is a good time to list your property if it is near the beach, or in a vacation spot. Even dark interiors look fantastic in summer. This season can also be the best time to showcase your home’s hidden features such as a newly installed cooling system, which in colder months does not add value to the property.
Many buyers are looking to buy homes before summer begins or when school is out. You may be less competitive in January and February, but this can help you sell your home faster.
What are the pros of selling your summer house?
Selling in summer has the greatest downside. People want to travel more and have fun while they’re looking for homes. This can have an impact on how long your property remains on the market and the price it sells at.
What are the benefits of selling your autumn home
Autumn is another popular time to sell your house. Good weather is still a benefit. After the holidays, people return to work and many people focus their attention on important life decisions such as buying a home. Even though competition is lower than in spring, potential buyers are still strong for home-sellers.
The weather also still presents a good opportunity to showcase your home’s curb appeal, so be sure to keep your garden well-maintained.
What are the pros & cons of selling your autumn house?
Autumn’s unpredictable weather can be a challenge when planning open houses and private viewings, so be sure to expect a few cancellations. Reduced inventory can cause prices to drop.
What are the advantages of selling your winter home?
Winter is a slow season for home-sellers because there is less stock and the market is quieter. Winter buyers are usually more motivated and willing to spend more.
You might be ready to display your home’s hidden gems like a fireplace or west-facing windows.
What are the possible pitfalls of selling your winter home?
If your home is lacking natural light and darkened, you might find it difficult to sell during winter. Your garden may not be as appealing in winter and spring. Bad weather can reveal flaws such as cracks or leaks in your house. It’s a good idea that you make repairs before listing your home.
Remember that timing is not a perfect science when selling your property. When you are ready to sell your property, that is the best time. The market for housing can be affected by seasonal trends, economic activity, lending rules, and many other factors. Your goals and your needs determine when the best time is to sell your house.