Ahh, the age-old question about the best time of year to sell your home. The query itself is debated back and forth and studied and examined by great scholars of the property world such as the likes of Foxtrot Tonningtons, Sir Knighty Franklin, and that Kinleigh Folk fella. Yet no one seems to be able to give a clear, definitive answer.
And the reason why all the data and research in the world doesn’t give a conclusive answer about whether you should sell your home during Easter, the holiday season, if it’s 100c outside or minus 50c?
Because selling a property is personal to the seller, and very rarely is it dictated by seasonal trends.
Why do seasonal reports exist for selling your homes?
We’re not saying that articles about “which season is best to sell your home?” are completely useless. If anything, they serve as an interesting read – especially if you enjoy a good old browse through some data. We’ve even been guilty of doing a seasonal post in the past. Yeah, that’s right, we linked to it 👀.
For every “December is the worst time of the year to sell your home” stat, there is a “Rightmove enjoys record traffic on Boxing Day” counter-argument.
On occasions, these reports could act as the final decision-maker for a seller who isn’t sure whether or not they should place their home on the market. But they don’t shape the overall landscape of the property market—it’s far more nuanced than the outside temperature.
Larger factors at play
The housing market clearly goes through trends, peaks and dips, and moments where it’s chic and, erm, unchic. However, drivers for housing patterns, other than people deciding to sell for their own reasons, are usually related to economic stability, interest rates and government policies. Oh, and possibly, maybe Brexit.
Even such important factors like the economy don’t grind the housing market to a complete halt, as the number of circumstances that come into play create a complex landscape—one that is driven by a little bit from column A, a little bit from column B, and a little bit from the Mystery Box.
Mystery box aside, the real driver for when people sell their homes is, well, the people living in said homes. You are the ones who come to a conclusion as to whether or not you should sell your property, taking personal factors into accounts such as upsizing, downsizing, divorce, birth, or that neighbour who thinks you’re best friends because you lent them your lawnmower once. Seriously, Fred, we’re not pals.
Selling is about getting the best advice
Selling really is about the seller and when they’re ready to put their property on the market—although we think that you should tots sell right this very second. Can’t think of a reason why .
In all seriousness though, homeowners might look to things like seasonal trends as they are possibly searching for a reason to convince themselves. A confidence boost, if you will. However, the real discussions should come with those directly impacted by a potential sale.
Once you have spoken with those involved, get advice from your trusty property experts, who can do so much more than offer seasonal shenanigans. Speaking with an expert will help you understand the true value of your home and genuine property trends relevant to your area.
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