Turkey leftovers, festive football, and Christmas hangovers are traditionally the norm on December 26th. But it might also be one of the busiest times of the year for people looking for a new home. According to property portals Rightmove and Zoopla, house searches double over Christmas and New Year – with Boxing Day proving to be the most popular of them all.
It shouldn’t come as that much of a surprise – after all, people are left twiddling their thumbs as the chaos of the festive season reaches its end game. Many already begin looking to the new year, and for some that equates to a fresh start in a new home.
So what does it all mean? Are you missing a huge opportunity to sell your home over Christmas or have some of the property portals got a little carried away with post-Xmas property browsing that doesn’t amount to much? Let’s take a look and see if you should get your home on the market ASAP.
Selling your house at Christmas time
We have already looked at whether it’s worth selling your home during the winter, but what about Christmas specifically? The results for festive season sales are pretty impressive, and we don’t even need the portals to point it out.
Land Registry data shows that sales during December are relatively strong, with 78,754 completions registered in December 2018.
The result meant that December was the sixth-best month of the year to sell a home – placing it just inside the top half of the table for the 12 months of the year.
It’s all about home browsing on Boxing Day
According to research from Zoopla, the portal sees a 60% increase in visitors and 80% more valuations during the festive period and early January. Too much turkey on Christmas day doesn’t seem to deter potential house buyers from looking for their new home, while sellers seem to be acknowledging the benefits of a Christmas sale.
The numbers certainly give food for thought for anyone thinking of waiting until the end of January to sell their home. Instead of holding out for the spring rush, listing at this time of year can help you jump ahead of the curve – and now the numbers are here to back up the claims.
The property market is feeling festive!
There could be even more reasons to be cheerful, especially as some experts have predicted that the results of the recent election could lead to a property bounce.
Whether you voted leave or remain, everyone is seemingly in agreement that there needs to be a resolution – one way or the other. There is likely to be renewed optimism around the UK property market now that Brexit looks like it’s going to happen with a deal.
It seems like Santa had one last trick up his sleeve before hibernating for another year – house prices ended 2019 with 4% growth. It all ties together for a dose of festive cheer: Rightmove property expert, Miles Shipside, said: “As we move into December we see people start to get distracted by turkey and tinsel but once the celebrations are in full swing it doesn’t take long before traffic rises again.”
‘Tis the season
If you’re thinking of selling your home, there’s no reason to wait. Make the most of the festive and New Year boom by requesting a callback and speaking with one of our dedicated property experts. They will provide you with everything you need to know about selling your home.