Jan 21, 2021
6 min read
One of the first questions would-be home sellers have is, “When is the best time to sell a house?” As with most things in life, there is no one-size-fits-all answer. When selling a home, timing isn’t everything. However, it can certainly influence how long it takes and the price you’ll ultimately get. If you’re considering putting your home on the market, find out what you should know about timing your house sale.
Determining the right time to sell your house is somewhat subjective, as it depends on your specific goals and circumstances. That said, if you’re like most sellers (selling high and fast), then spring is traditionally the best time of year to sell a house fast – but don’t take this as gospel. There are a number of factors at play, such as the type of property, price, life changes and more.
Conventional wisdom says that the best months to sell are March, April, May, September and October. The property market tends to slow down in August and December with summer holidays and Christmas, respectively. It’s perhaps no surprise that people would rather not contend with selling, surveys and Santa all at the same time.
There are also seasonal considerations that will impact when to sell a house:
Take these trends with a pinch of salt – they can vary considerably on regional and local levels. We hate to break it to you (again), but there is no clear winner.
When choosing the best time to sell a house, there are many factors to consider. If your reason for selling is relatively flexible, such as wanting a bigger house or a more convenient neighbourhood, you may be able to time your sale. But, sometimes, waiting for peak market conditions isn’t worth missing a great job opportunity or putting off retirement.
The type of property you want to sell will impact the best time to put it on the market.
It’s not just seasonal and personal changes you need to bear in mind when selling a property. Planning permissions impact your local housing market. For example, if major road works or new housing estate construction are nearby, you may want to wait to put your home on the market until these projects have been completed. In the case of new housing developments, you may want to get on the market quickly to avoid competing against lots of new-builds for sale.
Sellers should take into account both personal and seasonal factors when considering when to sell a house. If it’s winter, but you need to move for work, list your property. If you have the luxury of waiting until the market heats up, you may decide to stay put for a few more months. Sometimes life can’t wait and requires you to sell during a slower time of year – that’s OK. The most important factor in deciding when to sell your house is you. Consider your own needs, financial picture and timeline above all else. In short, the best time to sell a house is the time that it makes the most sense for you.
Perhaps you’re on the fence about getting on the market. We can help. With Boomin’s Secret Properties, you can gauge interest in your house before you even decide to sell. Firstly, book a property valuation with a trusted Estate Agent to find out how much your house is worth. If you decide to sell, your agent can work to generate interest before you’re live on the market.
Can you list your home if it’s not ready yet? You may consider making some home improvements before selling to raise the price tag. The good news is you don’t have to break the bank to get your house up to scratch. New lighting fixtures, a spruced-up garden and even new kitchen fittings can bump up the asking price. And Boomin’s Property Playground is the place to explore home improvement ideas, find products and connect with professionals to make it happen.
When you’re ready to get your property on the market and moving, here are some next steps to take:
Navigating the ups and downs of selling a house can be daunting. There’s a lot to consider which can leave you feeling overwhelmed. Enter: Boomin. Whether you’re eager to list or curious about your home’s value, we help you get started. Choose from the thousands of trusted and professional Estate Agents who work with us and that are ready to help you on your home selling journey.
When you’re ready to put your house on the market, we can help you instantly attract interested buyers. Simply book your free house valuation and let us build momentum for your property.