That strange round yellow thing in the sky is called the sun – remember?! – and that means that, hopefully, spring is here!
Now, usually, spring is the best season to sell your home. But this spring offers a perfect window of opportunity thanks to the strong possibility of an election later in the year.
Did you know that the property sales market traditionally goes quiet in the lead-up to and during an election? That’s thought to be as people hold back from making significant decisions without knowing who will be in power and how this might affect their financial decision-making.
Here are some other advantages of selling in Spring :
Kerb appeal:
Spring typically has milder weather, and nature comes to life with blooming flowers and lush greenery. This enhances the kerb appeal of properties and developments, making them more attractive to potential buyers.
Longer days:
With daylight saving time in effect, days are longer during spring, providing more daylight hours for property viewings. This allows potential buyers to see the property in its best light and makes scheduling viewings more convenient for both buyers and sellers.
Better weather:
Spring weather is generally more favourable for house hunting than the colder months of winter or the unpredictable conditions of autumn. Mild temperatures and sunny skies encourage people to venture out and explore properties, leading to increased buyer activity. Plus, spring light really helps with interior photography, making your property look its best in all your sales images.
New school year, new house
Many families prefer to move during the summer months when children are out of school, allowing them to settle into a new home before the next academic year begins. Selling in spring gives buyers time to complete the purchase process and move in before the start of summer.
Spring cleaning:
Spring is synonymous with cleaning and decluttering, both indoors and outdoors. Take advantage of this time to spruce up your home, declutter living spaces and make necessary repairs so you can present your property in the best possible condition to attract buyers.
Market momentum:
The spring season typically sees increased activity in the real estate market, with more listings coming onto the market and heightened buyer interest. This creates a sense of urgency among buyers, leading to quicker sales and potentially higher selling prices.
Higher selling prices:
Research from organisations such as Rightmove and Zoopla indicates that homes sold in the UK in the spring typically achieve higher selling prices than those sold during other times of the year. This can be attributed to the factors mentioned above.
In March 2024, Rightmove’s data showed that house sellers had lifted their asking prices by the largest amounts in 10 months as “demand from buyers picked up in the traditionally busier spring selling season.”
Overall, spring offers a combination of favourable weather conditions, increased buyer activity, and a sense of renewal that makes it an ideal time for many homeowners to sell a property. However, it’s essential to consider local market dynamics and individual circumstances when determining the best time to list a property for sale.
With our knowledge of the current sales market, we believe now is the best time to take advantage of the season rather than risk selling later in the year when buyers are predicted to be in less supply.
Call or email to book an honest and free valuation!
“Superb service from Chris and his team, never come across a harder working estate agent who is both genuinely engaged with the selling process and cares about what he does. Initially we weren’t sure about using an independent agent as we have used larger companies before, but the personal service we received made all the difference. The whole process was stress free, we were kept informed every step of the way and our property went under offer in less than 3 weeks after going on the market! Looking forward to Christmas in our new home.”
Anonymous (happy) client.
Since opening Grace Miller & Co. in 2000, we’ve given all our clients proactive, professional and personable care. We’re very proud of the reputation we’ve built and the client reviews we’ve received. If you have a property in London or Surrey and would like to benefit from our outstanding service and unrivalled knowledge in residential lettings, sales and block and estate management, please contact us today.