Timing can be a crucial factor in the success of selling your property. The season at which you decide to place your home or investment up for sale can influence not only your asking price, but how long it takes for a buyer to make a winning offer. 

In this article, the Noel Jones team have compiled some points on the most successful seasons to sell a property in Melbourne

 

When is the Best Time of Year to Sell Your Home?

 

Autumn

Autumn is often seen as one of the best times of year to sell your property in Melbourne and wider Australia. It makes sense when you stop to consider it – the heat from summer has started to subside, holidays like Christmas and New Years have all come and gone, and people from all walks of life are settling into the new year, ready to take on new adventures. In fact, many might prefer to make a move before the grizzly winds of winter roll through!

 

Winter

Listing your property in the winter months from June to August can offer several advantages to certain homeowners, despite the wet and often dreary weather. The number of listings are usually lower than the warmer months, making your property more front of mind for potential buyers – and with a balance of supply and demand in your favour, you may even enjoy a quicker sale or higher asking price.

 

Spring

Similar to the autumn months, buyers are more energised to review the housing market as they break out of the grizzly grey clouds of winter. As the sun shines through once more, the flowers and trees of your property will open up and blossom, offering far more aesthetics when you make your listing. 

It is likely that many other people will have the same thinking which means the number of listings is usually highest from September to November, with rising competition among sellers.

 

Summer

Australia is a beautiful country and it sure turns up the temperature in the summer months! This can be an opportunity to show buyers the perks of any outdoor areas you may have such as an outdoor area ripe for entertaining on balmy evenings or a patch of lawn for children to play under a sprinkler over the warmer months. 

It can also be a great time to sell with the Christmas and New Years holidays coming over the horizon causing a sense of urgency amongst buyers to buy before people take time off over the Christmas break. 

 

Other Factors Influencing When to Sell Your Home

Selling your home is a big decision, and there are more factors to consider outside of the time of year, including:

 

 

 

 

 

 

For more information or help to sell a property in Melbourne, please contact us at Noel Jones today.

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