Selling a house can be a stressful business because there are so many things to consider, from if you can sell it quickly, or will it stay on the market for a while, and will you get what it’s really worth? Here is a breakdown of the best times to sell a house.
The Best Months To Sell Your House
The best time to sell is when there are the most active buyers in the market, this is usually between the end of February through to June. As it is this time period when there are more people actively looking so there is a better chance of finding someone who is genuinely interested in your property. But also, when there are more people actively looking, this creates what they call a “positive competition effect.” Getting people to compete over a property will benefit you as this forces the best offers from people, and can push the price of the property up.
The Best Time Of Year To Sell Your House
The spring months and early summer are key for selling a property for one simple reason: there’s more light! As the property is more visible, people are more inclined to shop later in the day, and as the weather is warmer, people are happier and the spring months give you a perfect backdrop to show off your home. If you choose to sell when there are more buyers in the market, it helps you as you aren’t likely to reduce the price of the property.
Does It Have To Be During This Time?
Naturally, there are circumstances when we have to sell up quickly, which means that we may wonder the best times outside of this peak season. Here are a few other pointers to consider:
Is January a good time?
January is not a good month to sell your house, for obvious reasons. The post-Christmas lull, coupled with a lack of finances means that the beginning of January is a bad choice. The end of January is better, but only just.
When are the worst months to sell?
In addition to January, the other months are August and December. August is in the middle of the summer holiday season. Because children are off from school and people go overseas, people’s minds, and finances, are elsewhere. December is the worst month to sell a house due to the lead-up to Christmas and is the last thing on people’s minds. As everyone is aware of the disruption and stress that comes with moving home at the best of times, Christmas can be too much for the average person, although there are exceptions.
When are the worst and best months to put your house on the market?
It appears that the worst month to put your house on the market is between the middle of October to mid-November. But the best month is March, followed closely by April, as these two months tie in with Easter, which is considered to be one of the best times to sell your property.
As you can see, it’s a delicate balancing act to sell your house. Make sure you do it right.
