When is the best time to sell my home?
There are all sorts of myths about when is the best time to sell, but each neighbourhood and each home is different, so read on to find out when is the best time for you.
Is there an optimum season for selling?
Spring always comes out on top as the best time to sell. 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. A lot of people go away and if you’re trying to sell to families, you should remember that they’re either going to be away or having most of their time taken up by child care during the school holidays
- 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. Make sure you’re ready to move quickly if you do find a buyer though because after October the market tends to slow right down
- Winter can be a difficult time to sell, especially before 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
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 outside.
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, 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. See our tips on how to make your home more valuable and sell faster.
I hear the market’s picking up, should I try and get on it as quickly as possible?
It depends. If you’re thinking of putting your house on the market at one of the traditional low points, such as Christmas or the height of summer, it’s probably worth waiting a while so you can enter it when you’re going to get the maximum amount of attention.
The longer your house is on the market, the more buyers will start to wonder what’s wrong with it.
This is all good advice, but my circumstances won’t allow me to wait…
If you need to get going and you’re ready to do so then you shouldn’t hold back.
- You will have to be realistic though; if there is little demand, you may have to lower your price and be prepared to do everything within your power to accommodate potential buyers
- Choose your estate agent carefully. They are not all the same.
- Speak to high street agents and online estate agents.
- Use our free estateagent4me tool to compare the performance of local estate agents in terms of their typical success rate, how quickly they sell properties and how likely they are to achieve asking price.
- Or perhaps renting it out is another option. See should I sell my home or rent it out?