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Is there a best time to sell my house?

Posted by Team Eyre Square on 06/09/2017
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Properties sell year round. It is mostly a function of supply and demand, as well as other economic factors. The time of year you choose to sell can make a difference in the amount of time it takes and the final selling price. Weather conditions are often a consideration. As a general rule the property market picks up in the early spring following a seasonal lull in the winter months.

During the summer, the market usually slows. The end of July and August are often the slowest months for property sales. After the summer slowdown, sales activity tends to pick up for a second, although less vigorous, season which usually lasts from September through to November. The market then slows again as buyers, sellers, estate agents and solicitors turn their attention to the holidays. Therefore, if you are thinking of selling in 2017, the next few weeks of September are an ideal time to list your home.

The supply of homes on the market diminishes in November/December because sellers often wonder whether or not they should take their homes off the market for the Christmas season. There are still buyers in the market place, but now those buyers have fewer homes to choose from. Those homes on the market at that time have considerably less competition.

Generally speaking, you’ll have the best results if your house is available to show to prospective buyers continuously until it sells.

 

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