When Is The Best Time To Sell Property?

As we head into the secound half of the year, we have long weekends and school holidays on the horizon, plenty of spare time for potential buyers to start looking through open homes, or attending auctions. With this in mind you might be wondering, when is the best time to sell property?

There are a few factors that play a part when it comes to listing your property that won’t have much to do with the time of the year. Things like personal circumstances and market conditions are obviously going to play the biggest role in choosing when to market your property. However, if the market is right and it is time for you to sell, then it makes sense to opt for the time of year best suited to attracting buyers. Here, we take a look at the benefits of listing your property at different times of the year.

SELLING IN WARMER MONTHS

Traditionally, spring has long been considered the best time of year to sell a property. Your garden and outdoor area will probably look their best in spring, and temperatures mean more people will be out and about and likely to look into an open home.

Whilst this means there’s also a lot of buyer activity, if you’re wanting to set your property apart from the crowd you might consider listing your property earlier in the year.

Listing a property around February means you’ll get the jump on listings that tend to come onto the market from March onwards, and it also means you’ll start to attract buyers after a long holiday period. Targeting buyers who have had time off over the Christmas and New Year period who have had time to reflect on their next big move for the coming year, including buying a new property.

SELLING IN COOLER MONTHS

Whilst not the traditional time of year most agents will tell you to list your property, winter could still be the right time of year to list your home for sale. One advantage to listing your home during the cooler months is the relative lack of competition, with other sellers holding off until the spring period. With fewer homes on the market, your property has a much better chance of standing out.

The location of your home also plays a part. If your property is within an area which snows, or is nestled at the foot of a mountain range that looks particularly beautiful in winter, you can use the season to capitalise on views and winter activities. It’s also an opportunity to show how warm, comfortable and inviting your home can be in winter. Make the most of features like fire places and wood stoves, light candles, and use plush cushions and warm throws throughout living areas.

There are merits to listing your home at several different times of the year. Talk to me to find out when is the best time to sell your home :-)

Source:Harcourts International

Call or email me anytime for a free no obligation chat if you have any property related questions.

Vinay Kumar 0275643112 or vinay.kumar@harcourts.co.nz

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