You might be thinking about selling your house. But, like any other homeowner, you don’t want your house to be on the market for too long. Knowing when to put your property on the market is critical to optimising the average ‘days to sell’. Property, like other items, has times of the year when it performs best compared to other times of the year.
Leading property experts have analysed monthly sales data over several years. They identified seasonal trends in the average number of days it takes to sell a home. If you’re thinking about selling your home, understand these seasonal trends to capitalise on the busiest times and maximise returns.
Why the average ‘days to sell’ is important when selling a house?
A good time to sell a house is in the months when properties sell quickly. Bad months to sell are when your property is likely to sit on the market for long.
If a property is on the market for an extended period, potential buyers may believe there is something wrong with it. You are less likely to get a good price because buyers expect to be able to negotiate a lower price.
When is the best time to sell a house in the UK?
According to Rightmove data, spring is the best time to sell your home. March has the lowest average ‘days to sell’.
Over the last five years, excluding 2020 when the property market shut down due to the pandemic, March has had the highest average number of buyer enquiries per property for sale. April is the next best month to sell, followed by May.
According to Rightmove data, the worst months to sell a house are October and November.
For a variety of reasons, spring is an excellent time to schedule property sales viewings and close deals quickly.
Following a grey and cold winter, the weather tends to improve markedly in spring, ushering in a sense of optimism and joy. When people are in a good mood, they are more likely to make big decisions. Not to mention that better weather means more natural lighting for your property to be seen.
With the arrival of warmer weather in the spring and summer months, buyer searches for properties with gardens are bound to increase. Consider this if your property has a garden or if you can add or highlight features that potential buyers would enjoy during the summer months.
Another advantage of springtime for house sales is that it allows enough time (in most cases) to recover from Christmas holiday spending. This means that buyers will have a little more money to put down as a deposit on a new home.
We’re dedicated to making sure you have all your bases covered when selling your home.
Contact us today at 0141 374 2121, send us an email at email@example.com, or fill in our online enquiry form and we’ll get right back to you.
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