What is the Best Season to Sell a House?
Identifying the best time of year to put your house up for sale can be a smart way of ensuring there is more interest and increase the possibility of a quick sale. There are different factors at play during each season that can have an effect on how quickly a sale can be achieved, so having an understanding of how each season affects the market is a good idea.
There are a few other considerations to take into account, of course, and we will touch briefly on those at the end. First, we will take a look at each of the seasons and what makes them a good or bad time of the year to sell a house.
Selling a House in Spring
Many industry experts consider spring to be one of the best seasons in which to sell a house. The increasingly warmer weather brings colourful blooms to gardens and the days are getting longer and lighter. This generally makes houses more attractive to potential buyers, so it can be a good idea to take advantage of this season to put your property on the market.
It can be an especially good time if you are selling a family-sized house in an area close to schools. This is because many house hunters will be people with families seeking to find their new home and get settled in before the school year begins. Because of this particular kind of buyer, the housing market tends to experience an influx of new buyers during spring and early summer.
Selling a House in Summer
One sticking point when you sell a family home during late spring or early summer is that many families go on holiday during the summer once the schools are closed. This can make many families put their house hunting on hold until they return.
This doesn’t affect smaller houses or flats, and the summer can actually be a good time to sell this kind of home as the types of interested parties are likely to be first-time buyers or the elderly looking to downsize. These types of buyers will probably want to get their new home sorted long before the cold winter weather sets in.
Selling a House in Autumn
With the winter looming, autumn is an excellent time of the year to sell a house fast. The weather is still mild, plus families will not have any big holidays getting in the way.
Be aware though that the winter months are considered the worst time of year to sell a house, so listing yours as early as possible during the autumn is your best bet.
Selling a House in Winter
As mentioned above, winter is without a doubt the worst season in which to try selling a house. Of all the winter months, December is the absolute worst due to all the festivities associated with Christmas and the new year celebrations. People are simply too busy with all of this to be house hunting on top of it all.
The cold, grey weather and sparse gardens also make properties seem less appealing.
Other Factors Affecting House Sales
Making a quick sale of a problem property obviously has its own obstacles, plus there are other factors to consider that can affect the possibility of making a quick house sale.
The price of the property will always be one of the most significant factors. If your house is priced unreasonably then a quick sale will be practically impossible. The local property market may also be in a bubble of low activity, so keep an eye on similar houses to yours to see how long they have been listed before being sold.
Rising interest rates can also reduce the number of potential buyers for your home as some are removed from contention due to not being able to afford it, no matter how reasonably priced your house is.
For help quickly selling a house, contact us on 0121 227 3693 or email [email protected] and take the three easy steps that will result in a quick cash offer.
Get A Cash Offer Fast
Find out how much you can get for your property