When Is A Good Time To Sell Your Home?

christmas period can sometimes be the best time to sell your home

Melbourne, Australia is the place to be if you are selling a property during this holiday period. It is what is referred to as a sellers’ market – there are plenty of buyers looking to buy all kinds of properties. So if you are asking yourself – when is the right time to sell my house – this is it.

The problem is that many property owners miss out on such opportunities because they are waiting for the market to peak; it doesn’t work that way because that is pure speculation. If there is demand, that is the time to sell. If you wait, you have no idea what is going to happen in the coming year. It could go either way; prices could climb or they could drop. Judging by previous property markets, they are more likely to drop than pick. There are additional reasons why you should sell your property this Christmas:

  • Most Christmas time buyers are actually quite serious and ready to buy.
  • Serious buyers are usually willing to give your asking price.
  • Demand lowers after the Christmas period so it is harder to sell your home in January.
  • Decorated homes look better and are more appealing to buyers.
  • Holidays make people more emotional and likely to make a buy decision.
  • For tax reasons, some people are forced to buy before the end of the year.
  • Buyers have time to look at houses during Christmas break.
  • Most people overspend during the holidays and have no money in the New Year.

If you sell now, you are more likely to make money when you buy a new house in the spring when prices are typically low.

As you can see, there are plenty of reasons you should sell your own home during this period, despite what people may tell you. Delaying isn’t wise because you don’t know what will happen in the coming year. If we are to judge by how this year has gone, the global economy may continue to sway with uncertainty which means that you cannot be sure of what is going to happen.