When is the best time to sell?
As soon as it hits September, the rest of year seems to barrel full steam ahead into Christmas and the New Year. Which can be quite daunting. And so we get a lot of clients debating when's the best time to put their property on the market.
"Do we sell before Christmas or do we sell in the New Year?"
"Do we really want to be worrying about our house sale over the festive period?"
"But the house won't look very good in property photos in the miserable New Year Weather! So maybe this side of Christmas would be better..."
In truth, this can only really be answered by the home owner.
A lot of potential sellers will be holding off marketing their property until after Christmas as they won’t want the disruption over the festive period, this will work in your favour as there will be less competition on the market and more demand from buyers.
The festive period is when the selling portals get the most activity, last year Zoopla had its busiest ever day on Boxing Day with search’s soaring a massive 70.5 % compared to pre-Christmas levels and in recent years RightMove has reported an increase of 231% in traffic between December 26th and New Year’s Eve.
Our advice, take advantage of the current market and demand from buyers. It’s no secret the market currently is booming with a huge in balance between buyers and available properties.
Sadly, there's no crystal ball to predict next year’s market, with talk suggesting that the base right could rise to above 5% selling this side of Christmas might be people's best option.
If you would like to discuss this in more detail or any property related questions, we're here to help. So just drop us a message or email and we'd be more than happy to help.