When Do We Recommend Selling Your Home?


25/03/2024

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Timing is everything when it comes to selling your home, or so the saying goes. But if you've spent any time researching the subject, you've likely encountered a whirlwind of advice, much of it contradictory. "Wait until spring," some say. "List it high and adjust later," others advise. With so many myths floating around, it can be difficult to separate fact from fiction. So, when is the right time to sell your home?

The truth is, there isn’t a single, perfect moment that suits everyone. Each property, location, and potential buyer is different, which is why at Chewton Rose, we believe in a more nuanced approach. Our agents, armed with in-depth knowledge of your local area, can help determine the best time to sell your home, ensuring you achieve the best possible outcome.

That said, some general trends and considerations can help guide your decision.

 


What are the general trends and considerations?

Take, for example, the long-standing belief that spring is the ideal season for selling. As the days grow longer and the first flowers begin to bloom, houses often look their best, bathed in natural light and surrounded by colourful gardens. This aesthetic appeal, combined with a general uptick in buyer activity after the winter lull, has cemented spring as the go-to time for many sellers. However, while spring does have its advantages, it's not the only time you can successfully sell your home.

Winter, for instance, is often dismissed due to the hustle and bustle of the festive season. Yet, selling in winter isn't as futile as it might seem. Those house-hunting in the colder months are often more motivated, perhaps driven by a need to move quickly before the year’s end. Similarly, summer has its pros and cons. Families might be distracted by school holidays, either travelling or focusing on childcare, but this doesn’t mean your property won’t sell—especially if your target market isn't bound by the school calendar.

Then there's autumn, a season that finds itself wedged between summer’s end and the countdown to Christmas. This period can often see a flurry of activity as people return from holidays and refocus on their home-buying goals. However, as the days shorten and October rolls into November, the festive season can once again shift focus away from property matters.

 


Other key factors

Beyond the seasons, it’s important to consider the type of property you’re selling and who your likely buyers are. A first-time buyer, for instance, might be more active at the start of the year or just after the summer holidays, eager to make a fresh start. If you're selling a family home, it’s wise to avoid the school holidays, when parents are less likely to be house-hunting. On the other hand, if you're selling a retirement property or bungalow, you might find that older buyers are more active during the warmer months, when they’re more inclined to visit potential new homes.

Of course, while national trends can offer guidance, the specifics of your local market are just as important. Regional factors, such as upcoming council developments or shifts in local supply and demand, can heavily influence the timing of your sale. If there’s significant construction planned nearby, for example, it might be wise to wait until the work is complete. Conversely, if demand is high and competition among sellers is low, you might want to strike while the iron’s hot.

Finally, it’s worth considering your own readiness to sell. Are you emotionally and financially prepared to move on? The process of selling a home can be demanding, and it's crucial to ensure that both you and your property are fully ready before you list it. Taking the time to make necessary repairs or improvements can not only enhance your home’s appeal but can also shorten the time it spends on the market.

 


Chewton Rose are here to help you

In the end, there’s no magic formula to determine the perfect time to sell. The decision is a delicate balance of understanding the market, knowing your potential buyers, and preparing your property to shine.

At Chewton Rose, we’re here to help you navigate these complexities, ensuring that when the time comes, you’re ready to make the most of it. Get in touch with your local branch to see how we can help.