How do the summer holidays affect the property market?
The early summer months are traditionally a busy period for the UK property market. It’s a great time of year to view an abundance of beautiful properties. While it’s still a hive of activity with a huge choice of homes, the property market sometimes feels like it is taking a little summer siesta as both homeowners and viewers take a holiday.
The summer market is currently relatively stable
The summer market is currently relatively stable, with the average new seller asking price falling by just £82 (-0.0%) in June to £372,812.* Despite the various challenges, including interest rates and the cost of living, the property market is resilient.
Enjoy quieter roads to your new home
With schools closed for the summer, the roads become quieter, and you can typically drive to viewings in less time. This means you can take a bit more time to enjoy your viewings and potentially book more into your day.
Leave your agent to sell your home while you take a holiday
Whether going by plane, boat or car, wherever your holiday is, if you have made the decision to sell, leave your home with your agent and enjoy your break. Perhaps by the time you return, your house will be sold.
It’s the perfect moving season
With more family members to assist your big move and longer, warmer days to enjoy once you are settled in, late summer is one of the best times of year to move. This may also be able to save you some money on home removal costs with more hands to help.
Enjoy your new home
When you have finally moved into your new home, you may still have time to make the most of it during the warmer months of the year. Any outdoor improvements, from weeding the garden to adding to your outdoor spaces and simple maintenance, can become a joy rather than a chore.
Take advantage of the summer holidays and get a valuation of your home today.
Rightmove*