September 27, 2023

Improve Our Home

Need to know the perfect month to promote your own home?

3 min read

Because the winter months draw to a detailed, the arrival of springtime and longer days can kick-start home-moving plans for a lot of.

Extra individuals begin their seek for a brand new residence in spring, and we begin seeing extra properties listed on the market.

Over the previous 5 years*, our analysis reveals that March has been the perfect time of the 12 months to promote a house.

Why is March the perfect time to promote?

The variety of consumers enquiring about properties on the market on Rightmove is normally highest at the moment of 12 months. We see extra consumers seeking to transfer in March than in another month of the 12 months. Competitors between consumers for the properties accessible is historically at its peak.

And the excellent news is that consumers have extra properties to select from in March than initially of the 12 months, because the variety of properties on the market tends to even be highest. There are extra properties being listed on the market this 12 months in contrast with final 12 months.

And plenty of home-hunters are eager to maneuver into a brand new residence earlier than the beginning of summer season, with issues like gardens and out of doors house on the high of many home-movers’ wish-lists.

So, when you’re considering of placing your own home available on the market this spring, it might imply you’ll have a greater likelihood of promoting, and sooner, as a result of extra consumers need to transfer, and there’s extra competitors for each accessible residence.

Our property professional Tim Bannister says: “For any sellers who would possibly take heed to coming to market at a time when the variety of new listings has historically been excessive, the info reveals us that demand in March means sellers are most certainly to be met with a possible purchaser for his or her residence.”

The way to be in the perfect place to purchase once you discover the ‘one’

Should you’re seeking to purchase, there are many issues you are able to do to get your self prepared, together with checking latest bought costs within the areas you’re home-hunting in, setting up property alerts, and getting a Mortgage in Precept in place. You’ll be able to learn our step-by-step information to purchasing a house right here.

Should you’re considering of promoting your own home, chances are high you’ll be seeking to purchase a brand new property, too. Check out our information to promoting for assist with making your sale go as easily as doable.

One other piece of steerage from property brokers is to verify your own home is available on the market, or ideally bought topic to contract, earlier than beginning your property search. It is because many sellers will wish to know their consumers have gross sales already agreed on their properties. If in case you have a house to promote, you may prepare a market valuation with an professional native agent right here.

*Analysis excludes 2020 because of the pandemic

READ MORE: How an property agent will worth your own home at a property valuation

The header picture for this text is offered courtesy of Wards, Cliftonville.

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