Spring is traditionally considered the most fertile selling period of the year, with buyers enticed by thriving gardens and warmer weather. However, many vendors are increasingly considering Autumn as one of the best seasons for selling. In this blog, our agents explain why.
By the time autumn rolls around, most people are back into the swing of things. Summer holiday celebrations are over and people turn their attention from festivities to setting and achieving their goals – and for many, this includes buying property.
Autumn also occurs just before the end of the financial year, which can help nudge buyers into a quicker decision if they are hoping for tax concessions, lower moving prices or quicker transactions.
Unlike the feverish atmosphere of the warmer season property markets, where open homes can attract curious members of the public with time on their hands, autumn brings with it a distinct tone of seriousness.
With the holidays well and truly over, potential buyers have had the time to seriously plan, research, budget and strategise to secure their new homes.
Fewer competing properties
Subscribing to the belief that spring is the best time to sell, vendors typically flood the market from September to February. Come autumn, however, the influx of real estate stock tends to settle down. Fewer properties help drive buyer competition, maximising the vendor’s chance of achieving the best sale tag possible.
It’s the right time of year for you
Whether autumn is the best season to sell not only depends on the property, its surroundings, and its location but also on your circumstances. Provided an apartment gets good natural light, it should sell at any time of the year.
Ultimately, there is no good or bad time to sell; there’s only the right time for you. Any season can be a good time to list if you have the right strategy in place, and market conditions are favourable, such as during a ‘sellers’ market’ where buyer demand outstrips supply.
The best strategy when selling is to use a seasoned real estate agent. Our agents know the ins and outs of selling property and can equip you with the knowledge you need to make informed decisions.
If you’d like guidance on selling your home, or just to discuss the property market get in touch with us today.