February & March are the best months to list a property

New analysis from Rightmove, reveals that February and March are the best months to list a home for sale, based on the likelihood the home goes on to successfully complete, closely followed by April and January.

Nearly seven in 10 homes (66.3%) listed for sale in February and March since 2012 go on to complete the sale, the joint-highest months of the year.

In an encouraging start to the year for buyer activity, buyer demand is up by 8% compared with the same period last year, and the number of sales being agreed is up by 15%.

Homes listed in January and February are revealed to find a buyer on average historically in 51 days, followed by March and April at 52 days.

The Rightmove study looked at millions of properties listed for sale since 2012, excluding 2020 due to the pandemic.

SPRING SELLING SEASON

In good news for those who have already come to market or are perhaps thinking about coming to market a little later this year, April and January are just fractionally behind February and March as the best months to list a home based on the likelihood to complete.

It has been an encouraging start to the year for buyer activity, which is positive news for sellers considering coming to market.

After the first full month of the year, the number of potential buyers contacting agents about homes for sale is up by 8% compared with the same period last year, and the number of sales being agreed is up by 15%.

GIVE YOURSELF THE BEST CHANCE OF A SUCCESSFUL SALE

Ben Hudson, MD at Hudson Moody: “It may sound obvious, but clean up, de-clutter and make sure any obvious defects are put right before the photos and viewings.”

°  Kerb appeal is very important as when people arrive to view your property. If they  walk or drive past they will form some kind of impression. The more attractive you can make it look on the outside, the more likely people will want to come inside.

°  Tidying up the front garden and mowing the lawn signifies that your home is easy to maintain and well-kept. Buyers might not have the time to spend on household chores.

°  Turning on lights to show the house well, putting the heating on and making sure it smells fresh and clean will set the scene, leaving potential buyers with the right impression.

Image: https://www.harpersofchiswick.com/property/30837737/greenend-road-bedford-park-borders-w4