Somerville Office
Phone 03 5977 5111
6D Eramosa Road East, Somerville, Victoria (See Map)
chris@walshconveyancing.com.au
What is the best month to list a property for sale?
According to research from PropTrack, which looked at property prices from 2013 to 2022, November has been proven to be the best time to sell, with sellers achieving prices 0.8 per cent higher than average during the peak of spring.
Whether by accident or intention, November sellers have been revealed as the nation’s savviest, as new data shows they get the most for their homes.
For a property that sells for $800,000, or roughly the average dwelling price, this represents $6,000 in higher returns for sellers.
While spring is frequently viewed as the best time to sell which gives rise to an often-frantic selling season as the weather warms up, PropTrack reported that outside of the spring months, March is another month that pays rewards to vendors.
This tracks with buyer behaviour, as November and March are the months that typically see the highest number of home buyers active in the market.
The lowest seasonal prices are generally recorded in June and July, when the market is typically quieter.
If you’re looking at listing your property for sale to maximise seasonal results, Walsh Conveyancing are here to help guide you through the conveyancing process.
Information Courtesy: Smart Property Investment - October 2023
If you’re thinking of listing your property for sale, Walsh Conveyancing is here to help with all your conveyancing needs. We guide you through the conveyancing process to make it a smooth transaction for you.