4 reasons to sell your property in summer

Summer is not just the most pleasant time of year for people who enjoy warmer weather and having the opportunity to enjoy barbecues and music festivals; it may be the best time to sell your property. While the property market has long held that spring is the best time of year to sell your property, there is a growing realization that summer is an optimum time of year to promote your home and attract the interest of potential buyers. However, Spring might be the busiest season for buying and selling homes but summer is no slouch when it comes to selling, either. If you’re looking to sell, putting your house on the market in the summer months offers several advantages. Let’s take a look at what they are.

Appealing for moving home

There is also the fact that the improved weather should make it easier to move home, which means that both buyers and sellers will be keen to conclude a property deal for the summer. The thought of moving boxes and belongings on a warm sunny morning is a lot more enticing than carrying out the same move on a damp autumn day, so this is a factor why the summer is a good time to place your property on the market.

There is also the fact that many potential buyers will be keen to have their family settled in a new home before the new school term. Summer is the last opportunity to ensure this happens, so you can see why many potential buyers will be motivated to conclude a property purchase before the end of summer, which is of benefit to people looking to sell their home quickly and effectively.

Another factor in why summer is the ideal time to sell a home is the fact that this is when your home should look at its best. If you have a garden area, you should be able to make a positive first impression on any potential buyer. Spending some time in your garden, or hiring a professional to do so, can impress buyers before they even step foot inside your home, and this can be a big factor in ensuring you experience a high level of demand for your property.

Better Pricing for Sellers

A primary influence on the price of your home is the price of other homes that have recently sold in your area. In the summer, you can take advantage having access to more data because there are a greater number of comperable homes to check out. You can also price your home more aggressively when demand is up and more buyers are out hunting than you can in the fall or winter.

High Demand

More people might put their houses on the market in the spring and summer, but more people are also looking for homes during those months. Plus, people looking for a home in summer are often very serious about moving, and moving quickly. That means you’re likely to get a competitive offer from a buyer who needs to be in a new home as soon as possible.

Low Competition

Limited inventory and strong buyer demand results in less competition. It typically takes an average of six months to sell a property. Currently, many housing markets have a 4.2 month supply. Homes are selling quicker, which lets you unload your property and move into a new home sooner rather than later.

Of course, inventory can increase at any time. Homeowners unable to sell their properties in the past because of negative equity might plan a move as their equity returns. And with some experts predicting an increase in new construction homes this summer, it’s only a matter of time before supply skyrockets in many markets. If you're thinking about selling, do so before inventory increases.

More time to focus on renovations

All those long summer weekends? You can also use all that extra summertime to fix up your home. Have you been putting off repairing your roof? Is your kitchen in need of a facelift? Does your entrance require a fresh coat of paint?

Although you may not be thrilled to give up a three-day weekend, all these little things can do wonders to improve the resale value of your home.

Bottom Line

There's no denying how buyer demand continues to outpace homebuyers in some housing markets. And with mortgage rates and home prices predicted to increase, this summer is one of the best times to sell, whether you're looking to upsize or downsize. Even so, this isn’t a decision to take lightly. Count the cost, and then make your decision.

Ready to Sell Your Property ?

At Empower Estate agents, We provide great experience, outstanding marketing & the best of negotiations tactics to help our clients to achieve their property goals. One of our best real estate agent in Southwest Sydney Sana Ullah, a well-experienced, trusted and reputed real estate agent in Sydney with his excellent marketing skills.
real estate agent in Ingleburn

We believe, Buying or Selling a home is one of the biggest financial decisions of your life. That’s why finding a real estate agent with the experience to guide you through the process is key. Our extensive Southwest Sydney real estate market research and strategies will help you to sell your property at the highest value.