The season of rejuvenation and renewal is considered the prime time to sell a property
Spring, the season of rejuvenation and renewal, is often considered the prime time to sell a property. From March to May, the property market tends to see a consistent surge in activity, making these months an ideal period for property sales.
If you’re a homeowner or investor planning to sell your property, spring is the perfect time to put it on the market. As we transition from winter to spring, the sun begins to set later, usually after 5:30p.m. As the days grow longer, you’ll find that there’s more light available, providing ample opportunities for potential buyers to view your property.
Appealing to potential buyers
Unlike the colder months, when most people prefer to retreat home after work, spring’s longer daylight hours encourage prospective buyers to venture out. Furthermore, natural daylight is a property’s best friend. It can beautifully illuminate your home’s interior and exterior, accentuating its best features and making it more appealing to potential buyers.
Spring is synonymous with new beginnings. As buds sprout on trees and flowers bloom, a sense of freshness and new possibilities permeates everything, including the property market. It’s a time when people start envisioning their future, which often includes plans for buying a new property or moving house.
Exterior appeal of properties
The improved natural light during spring significantly enhances the exterior appeal of properties. The brighter days bring out the natural colour of stone or bricks, accentuating architectural details.
Even if your property doesn’t have a garden, the blooming trees and flowers in your neighbourhood can make a positive impact on potential buyers’ perception of your property. A few pots of vibrant spring flowers can add a welcoming touch to apartments with balconies.
Convenient time to move
The same natural light that enhances your property’s exterior also enhances interior photography. High-quality photos are crucial for successful property sales, and the abundant natural light in spring can help achieve this. With less need for editing, your agent could list your property more quickly, further speeding up the sales process.
From a practical perspective, spring is a convenient time to move. The weather is typically better than winter and not as intense as summer. It’s an easier time for families with children to relocate, allowing them to settle into a new home before the new school year starts in September.
More time to search for properties
The Easter school holiday usually lasts about two weeks, which is significantly more manageable than the six to seven-week summer break. Property viewings and sales often slow down during this period as families prioritise holidays over house hunting.
Remember that first impressions count
Before listing your property, remember that first impressions count. A thorough spring clean can refresh your interior, and a fresh coat of paint on your front door can significantly improve your property’s overall look and feel. By capitalising on the benefits of the spring season, you can enhance your property’s appeal and potentially secure a quicker, more profitable sale.
Additionally, properties listed during the spring season tend to have shorter average sale times compared to other times of the year. This means that if you list your property in spring, there’s potentially a higher chance of it selling faster than in summer, autumn or winter.
Ready to discuss selecting the right mortgage product for your circumstances?
Do you need professional advice to select the right mortgage product for your next move? Make an appointment to speak to one of our mortgage professionals. Contact our team here.