When is the best time to sell my house?

When is the best time to sell my house?

There are all sorts of myths about when is the best time to sell your house, but each neighbourhood and each home is different, so read on to find out when is the best time of year for you.

Is there an optimum season for selling?

Spring always comes out on top as the best time of year to sell your house. This is probably because people aren’t away for the summer holidays or busy with Christmas celebrations.

Another good thing about spring is that your home will look better when the garden is coming into bloom and the sun is (hopefully) out for longer.

• Summer has never been the best time to sell a home. If you’re trying to sell to families, you should remember that they’re either going to be away or busy with children during the school holidays.  July and August tend to be slower than average months to sell (65 days on average) according to our Best Estate Agent Finder average speed of sale data.
• Autumn can be a good time to sell. If the weather’s mild your home will still look good and there are no major holidays to contend with. October is often a good time for a speedy sale (62 days on average over the past 7 years).  Make sure you’re ready to move quickly as in November and December, the number of potential buyers can slow down significantly.
• Winter can be a difficult time to sell, especially in the run up to Christmas. If you’re not going to be ready to put your home on the market before December, it’s probably worth waiting until January when people are starting to think about the year ahead. Our Best Estate Agent Finder data from the last 7 years shows January is one of the best months of the year to list your house for a speedy sale (60 days on average).

Regional differences?

Seasonal variations are fairly universal but it’s worth having a close look at your local area before entering the market. Check if the Council has granted planning permission for any work nearby, you don’t want to be trying to sell your house while there are major road works going on.

What if I’m not ready to start selling yet?

Simple, don’t sell. It’s much more important to choose a time that works for you. If you rush your home on to the market without preparing it and yourself, you could set yourself up for a fall. And if you do get a buyer, you want to be able to move as quickly as possible before they can change their mind.

Take some time first to make sure you have your home looking its best. That doesn’t necessarily mean spending thousands of pounds on huge renovation projects – just take some time fixing the little details, such as wonky gates and cracked toilet seats.  

Source hoa.org.uk

McDonalds says: “As a long-established agent, we’ve obviously noticed these seasonal change over many years. That said we have noticed the market is a lot less seasonal than it used to be. This combined with buyers recognising how proactive they need to be to secure their first-choice purchase, along with the readily available property information because of the far reaching effects of the internet, mean that buyers are able to be active all year round with ease. That said, yes the market activity will build steadily from now until its first peak just before the school holidays”