Is springtime a good time to sell your home?

Is springtime a good time to sell your home?

 
 
This time of year has a lot going for it: sunshine, spring flowers, warmer weather, and if you are on the move, now is one of the best times to sell your home. In fact, spring and summer are often the most popular seasons for making a swift move.
 

More people move in the spring

As a pattern that repeats itself time after time, more UK property transactions are completed in the spring than at any other time of the year. For example, 107,100 property transactions were completed in the UK during May 2022*

 

A new start

It’s been well reported that the mini budget caused an air of uncertainty yet it seems it has been replaced by a fresh spring breeze of stability. Sellers and buyers who delayed moving are now returning to the market. Traditionally, the market warms up at this time of year, but with the added element of pent-up demand and a calmer perhaps slightly more realistic market, it forecasts a good year ahead.

 

Strong demand with a stable 2023 market

The average price of property coming to the market rose by just £14 (+0.0%) from January to February reaching £362,452.** Although this is not a significant increase or decrease a stable figure, combined with demand, suggests the market is now conducting itself in a manner that is sustainable.

 

Inspiring and beautiful homes

With warmer, dryer and longer days, spring lends itself well to moving as generally it can be better weather for all the practical parts, such as removals, as well as presenting your home in the best possible light. Many will have enjoyed a good spring cleaning and neat outdoor living spaces and blooming gardens will help display the home in the best way.

 

Springtime is the right time!

With homes typically looking good at this time of year and a buoyant market, with some fresh pent-up demand, house prices are remaining stable this spring. Warmer, longer days and lighter evenings seemingly bring homeowners out of hibernation, offering more choice to the property market, whilst potential buyers may feel there is more time in the day to arrange viewings and tie up offers. Additionally, with less chance of cold and snow to deal with while hopefully completing in time to enjoy the summer it’s little wonder that so many homeowners choose spring to market their home.

 

Spring your property move into life now! Why not browse our available properties, then book a free valuation with one of our expert agents.

 

 
Office for National Statistics*
Rightmove**


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