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Reading Time: 13 minute read
Continue reading to discover:
The best (and worst) months to sell your house.
Rules for buying and selling different types of real estate.
Key takeaways:
“When” you put your house on the market will affect how long it takes to find a buyer and the price you achieve.
If you have room to choose when to sell, this guide will show you the best and worst times of the year to sell a house.
Follow the tips and you can be confident that you are selling at the time that gives you the best chance of getting the best price, in the shortest amount of time.
Table of Contents
- When do houses sell quickly?
- Is now a good time to sell your house?
- When is the best time to put a house on the market?
- The role of supply and demand
- Different types of properties sell better at different times of the year
- Understanding the annual home selling cycle
- Comparing the four seasons
- Selling in winter (in depth)
- Is there a better day to sell a house?
- The wisdom of avoiding the “lull season”
- The wisdom of avoiding the “peak season”
- Other important considerations
- Final thoughts
- Related guides
- Frequently Asked Questions
FAQ
✅ What is the best day to list my house for sale?
Any time between Monday (5 AM) and Tuesday (9 PM).
✅ What is the best month to sell a house quickly?
March.
✅ What are the worst months to sell a house quickly?
August and December.
When do houses sell quickly?
It is traditionally said that spring is the best time to sell your house.
But don’t take this too seriously as there are a number of factors that affect it, such as the type of property on offer.
However, the traditional wisdom about when the market is most active and conducive to selling looks like this:
March-April-May is noted as the best time to start the sales process if you need to sell your house quickly.
More on this in a bit.
First this…
Is now a good time to sell your house?
Ask your real estate agent about this and they are likely to answer:
“Yes, now is a great time to sell your house!”
Every real estate agent, small or large, in the world will give you the same answer during 365 days
This is completely understandable. Agents want to work now, not put it off!
It is wrong to expect them all to provide an accurate answer 100% and be in your best interest.
An “above average” real estate agent should offer you advice tailored to the individual differences in the local market (and the type of property you own).
What is the best time to put a house on the market?
Here is an interesting analysis we conducted.
Best month to sell your house?
Conventional wisdom says the best months are:
May/June
September/December
However, looking at our analysis of “time to sell” data, we see that properties that sell faster come on the market around:
March = 57 days (to put up for sale)
It is important to note this because the less time your property spends on the market for sale, the better the price you may get.
Worst month to sell your house?
Conventional wisdom says the worst months are:
August
December
However, looking at our analysis of “time to sell” data, we see that properties that take longer to sell come on the market around:
October 15 - November 15 = 79 days (to put up for sale)
The role of supply and demand
Almost everyone agrees:
“The best time to sell is when there are a lot of buyers actively looking to buy
However, as with all products, services or commodities, to get the best price, you don’t just need high levels of “demand”…
… but you also need low levels of “supply”.
So when it comes to selling houses, this means:
“The best time to sell is when there are a lot of buyers actively looking to buy + few competing sellers looking to sell
This is all because:
1. Competition among buyers for available properties has a positive effect on the selling price you can achieve.
2. Competition forces you to make the best offers.
3. The more buyers and the fewer properties for sale, the fiercer the competitive environment.
Supply levels (how to get a general idea)
To get a general idea of the level of supply in real estate, follow the news of the relevant authorities and experts in this field.
This is always interesting, but you really need a more detailed view to be practically useful.
To get it, do a search on sites interested in buying and selling real estate, as if you were a buyer looking to buy a property like yours.
You will quickly find out if there are many competing properties currently offered for sale on the market (i.e. there are high levels of supply).
Demand levels (how to control them)
Demand levels from buyers rise and fall throughout the year.
These levels follow a highly predictable pattern. We will guide you to more information in this guide.
Different types of properties sell better at different times of the year
If you want the best price (in the shortest time possible), it makes sense to come to the market when the most buyers are actively looking for a property like yours.
Of course, different types of properties attract different types of buyers.
Let’s take a closer look:
Apartments, family homes with 3 and 4 bedrooms
Target buyer:
People who work in senior positions and who work in international organizations.
People who want to settle in a new house and dispense with rentals
Best time to sell: During school holidays
End of year holiday: April 10.
Start of mid-year school holiday: December 15, 2024
End of actual study for the second semester in all academic stages: April 10, 2025
Summer vacation:
The holiday dates are highlighted below (avoid coming to the market at this time): Ramadan and Eid al-Fitr holidays
Retirement Homes
Target buyer: Seniors looking for a smaller home
Best time to sell: During the warmer months (June – September)
Avoid coming to the market between the end of summer and the beginning of spring.
Understanding the Annual Housing Sales Cycle
Despite what you may hear in the press/media, house prices do not suddenly rise.
Rather, they naturally rise and fall throughout the year.
This is primarily due to changes in demand levels from buyers.
It is a regular cycle like clockwork, but it is of course possible that it will be disrupted by external events such as government intervention (and the changes to investment laws in the lands in 2022-2023 are an example).
Comparing the four seasons
Historically, spring and early summer have always been considered the best time to put a house on the market.
In particular, we always see a market rebound after the New Year’s holiday and it remains active until the start of the summer school holidays.
Below, we break down the seasons to give you a clearer picture of when to sell.
Spring
Starts Wednesday, March 20, 2024 and lasts 92 days and 17 hours
March = Great
April = Good
May = Great
Conventional Wisdom
Spring is generally considered a great time to sell because:
- Gardens are thriving.
- There is a lot of good light and mild weather.
- Properties look their best.
- The market is full of buyers.
- In good weather, buyers are more willing to look for a home.
- As such, spring is a joyous time of year and is often considered the time when most buyers are active in the market.
- The other side is that it is also the time when you can expect to face the largest number of competing sellers.
- To spark a potential bidding war, a smart seller will highlight their property by pricing it competitively.
Summer
Starts Thursday, June 20, 2024 and lasts 93 days and 15 hours,
June = Great / Good
July = Acceptable
January = Bad
Conventional Wisdom
1. Summer is a mix of things, and high summer, in particular, can be a bad time to sell (especially if your target buyers are families).
2. School holidays are the main reason for this. As entertaining children does not leave enough time to look for a home.
3. In addition, everyone goes on vacation. This peaks in January - frayer and the market dies.
4. If you have to sell at this time of year, try to put it on the market as soon as possible.
5. If you are not on the market by the beginning of December - January, you will put yourself in a disadvantageous position.
6. You are most likely to face properties that have failed to sell during the spring (perhaps because they are overpriced).
7. Definitely keep this in mind when deciding how to set your asking price against these old properties.
8. Monitor the competition closely because at this time frustrated home sellers begin to cut their asking prices.
9. You will need to keep your property looking competitive in the market so that you can attract buyers to your door.
Autumn
Sunday, September 22 and lasts 89 days and 20 hours
September = Good
October = Great
November = Good
Traditional Wisdom
1. Autumn has always been a good time to sell a house.
2. Arguably, home buyers are more motivated at this time of year.
3. Their numbers tend to be slightly lower in the market compared to spring, but those who are there are “serious”.
4. Remember, however, that almost no one wants to move during the holiday period, so don’t be late in coming to the market.
5. After October, buyers tend to go into hibernation.
6. As shown in our analysis of “time to sell” data on Rightmove, November comes out on top as the worst time to come to market.
Winter
December = Bad
January = Bad / Good
February = Good / Great
Traditional Wisdom
1. Winter is certainly not the ideal time to sell.
2. But it can be a great time to buy!..
3. Home sellers who are still on the market in December tend to be open to negotiating on price (just to get it all over with).
Selling in Winter (in detail)
It is quite possible to sell in winter (houses are bought and sold almost every day of the year).
However:
- Traffic to Rightmove (which is an excellent proxy for buyer activity levels on an ex-pat level) declines significantly in the run-up to the holiday season.
Should you launch your project immediately after the end of the year?
Many sellers enter the market in early January after sitting on the sidelines during December.
And that’s right; the New Year brings with it a lot of “clean slate” syndrome…
…potential buyers begin to commit to moving “this year” and so real estate agent applicant registers begin to fill up.
However, the real buying doesn’t happen until mid-February.
Pro Tip: In our opinion, it is best to wait until the first half of February before launching your home selling project.
Why?
This is because the first wave of “new to market” properties in early January tend to look a little dated by February (when the real buying process begins).
If you wait until then, you will become one of the most attractive “new to market” properties for sale.
You also appear at the top of the list (i.e. more visible) when buyers searching realfast-estate sort their search by “newly listed properties”…
If you haven’t sold your house by the end of the year, should you take it off the market?
We would! And here’s why…
…in the past you could take your property off the market and keep it off for two weeks.
Then you could re-upload your home to realfast-estate.info and it would be treated as a “new listing”.
That has now changed.
In an attempt to combat supply manipulation, realfast-estate.info now requires the property to be off the market for 14 weeks.
That is unless you decide to dispense with your current agent and instruct a new real estate agent:
“New real estate agent = new listing on alfast-estate.info
Or you can open your own account and display your property yourself.
Is there a better day to sell a house?
In practice, we believe it is more important to avoid putting a home up for sale before major public holidays or major sporting, cultural or political events rather than obsessing over the day of the week the home should be put up for sale.
However…
…over the years, a number of studies have been conducted on the best day to put your home up for sale.
In our opinion, none of these studies are conclusive, but you can make your own decision below.
Which? (2017)
The consumer group Which? examined thousands of properties sold during the twelve months to 30 September 2016.
Best day = Monday
Properties advertised on Monday took an average of 176 days to sell (from when they were first put on the market to legal completion).
Worst day = Sunday
Properties put up for sale on Sunday took an average of 213 days to sell.
Rightmove (2014)
Rightmove doesn’t seem to be doing interesting data analysis these days.
He used to do that, and in 2014 he revealed the following points:
4pm on Thursdays and Fridays are the most popular time for real estate agents to upload new properties to the portal.
Friday afternoon is one of the quietest times for people looking for a home on the site.
The peak time for people searching Rightmove is Tuesday at 9pm
Find a property now
https://www.realfast-estate.info/kup/kupmobileproperty_list/
The wisdom of avoiding the “lull season”
Entering the market during a quiet period deprives you of a great opportunity.
As a general rule, the most interest in a property comes during the first four to six weeks of it entering the market.
This is the “golden window of opportunity” for home sellers as it is when most competitive bidding occurs.
This is also how long buyers in the market see the property as “new” and desirable.
After this period, the property becomes “old news” and buyers begin to doubt.
They tend to assume that there is something wrong with the property and walk away.
If you enter the market at a quiet time and there is no demand, your property will look old by the time the majority of buyers return to the market.
Another point to keep in mind is that real estate agents are only human…
Many people to get a little bored with old stock (and they do).
If your home isn’t getting much attention because it’s seen on the market as “old,” your agent may neglect it as his attention turns to newer properties.
Final thoughts
Remember, successfully selling a house only requires one buyer!
In fact, there are buyers 365 days a year.
Some days there are more buyers than others.
We at realfast-estate.info strongly believe in marketing properties as vigorously as possible, at any time of the year.
Add your property now to the Horizon Real Estate system to reach interested customers quickly and easily.
🌟 Your property will reach a wide audience of buyers and investors.
https://www.realfast-estate.info/kup/create/step1/
As mentioned at the beginning of this guide, encouraging competition is the safest way to achieve the best possible price (in the shortest time).
If you have to sell a house during a quiet month and demand is weak - don’t worry!
Just admit that you are in a significantly disadvantageous position and act accordingly:
1. Price your home competitively compared to the competition.
2. Choose the real estate agent most suited for this task, or open an account yourself and display your property as a property owner.
- Make an extra effort to showcase your property, complete all your property data, take professional photos and from multiple angles.
Add your property now to the Horizon Real Estate system to reach interested customers quickly and easily.
🌟 Your property will reach a wide audience of buyers and investors.
🔗 https://www.realfast-estate.info/kup/create/step1/
- Ask the support staff at Afaq Digital Real Estate for support in this regard.
01427396-01427398
781 888 355
afaq@realfast-estate.info