The best month to sell your home revealed
If anyone knows the best time to sell a property, it’s Rightmove. The portal can analyse millions of data points, thousands of property sales and measure what’s coming on the market, and when.
Rightmove’s number crunchers have been looking at its data from the last five years, excluding 2020 when results were skewed by the pandemic, to answer a long held question: what month is best to sell property?
Make your move in March
There is good news for anyone looking for an express property sale – the portal says spring is the best time to enjoy sales success. It has been proven that the number of purchasers enquiring about homes for sale on Rightmove historically peaks in the spring. Drilling down even further into buying trends, the portal says it sees people looking to move in March more than any other month in the year.
Sellers looking to achieve the best possible price for their home should also take note as March is when Rightmove notices the most competition between buyers, which helps vendors achieve the best possible price for their property.
Why is spring the best time to sell a house?
There are multiple reasons why ‘the spring bounce’ exists. Firstly, people start emerging from winter hibernation. Property owners are more inclined to tidy their gardens and make their house look presentable as the weather improves, while the longer days and lighter nights spur buyers on to get out there and conduct viewings.
Secondly, buyers who have offers on a property accepted in spring are usually on course for an exchange by the summer. Generally, from offer to completion takes between 12-16 weeks, so with the right conveyancing solicitor on board, a purchaser could offer in March and be hosting a BBQ in their new garden in August.
Finally, moving into a new home during the six-week summer holiday is motivation for families if they are moving for a September school place, or if they need a new address in the right catchment for a school place application.
Put your property up for sale this spring and you’ll almost certainly stand a better chance of finding a keen buyer and sell sooner. Move Places offers an express sales service, designed for those who want to take advantage of the spring market and sell house fast.
Simply request your free valuation here, choose the level of service that suits your budget and circumstances, and enjoy all the marketing perks of a professional estate agent without the inflated High Street agency fees, including a listing on Rightmove and the other leading property portals.
Although Move Places is an online agency, we are a team of real people and you can talk to us on the phone, send us an email or even visit us in person. Find out how to contact us here.
FAQs
Q. How do I make my property sellable?
A. Spring is when everything comes into bloom and so should your home. Cleaning, decluttering and basic maintenance – both inside and out – will help your property attract attention and even improve the value of offers buyers make. Here are 9 ways you can improve your property this spring.
Q. Can I sell in a slow market?
A. The property market always peaks and troughs but the three Ds – death, divorce and downsizing – keep us constantly busy. In addition, many byers are moving for non-negotiable reasons, such as jobs, schools or a change in financial circumstances. You might find this article on selling in a slow market reassuring.
Q. Can I sell during other months?
A. Of course! Just because you’re not selling in March – or even in the spring season – doesn’t mean you won’t enjoy sales success. Move Places always has a list of keen buyers, which includes international purchasers and investors – the type of people who will make offers whatever the time of year.