Selling your property is a big decision and perhaps most notably, one of the biggest considerations you'll face is deciding the right time to sell. For many, Autumn brings limitless opportunities as it comes with less competition and more buyers who have recently sold.
So, what else makes this leafy season the ideal time to list your home for sale? Let us share with you our top reasons why selling in Autumn can help maximise your result in 2020.
Active Buyers
Many prospective buyers would have set their New Year goals over Summer and have spent the first few months of the year organising their finance before searching for their next home. Not only this, you'll find a new group of buyers who have recently sold their property hit the market.
Fewer Listings & Competition
With less properties for sale in Autumn, the lack of competition can generate more interest for your property, leading to more buyers at open for inspections and auctions.
Record-Breaking House Price Growth
Demand for property continues to surge, with Melbourne's property market achieving record-breaking growth in house and unit values last quarter, reaching a median price of $860,000 and $650,000, respectively.
Optimal Weather Conditions
The luscious and leafy Autumn season presents great conditions for house-hunting, with comfortable temperatures and picturesque colours taking centre stage. For you, this could mean emulating the colourful reds and yellows inside your home and allowing prospective buyers to see your garden in a whole new light.
Our advice? Finding the best time to sell your property is best suited to your individual situation.
As always, talking with your local Fletchers agent can help you determine the timing that's right for you.
by Beth Oleyar in Market Updates