There are many factors to consider when selling a property and one that is often overlooked is choosing the right time of year. You might think that houses are selling all year round and you’d be right to a certain extent. However, as one of the leading providers of home removals in Leicester, we can tell you that house sales are more likely at certain times of the year than at others.
In this article, we’re going to talk about the best time of year to sell your house, as well as providing some added information.
Taking the whole of the UK into account, the best time of year to sell your house is in early spring. We can break that down further and state that March is the most popular month for house sales nationwide. Of course, if you’re reading this in April or May, that’s not exactly great news, but don’t worry – April and May come in second and third place respectively in terms of the best time to sell!
House sales are cyclical and it’s easy to understand why some months attract more sales than others. The winter months are typically quiet because few people want to move over the festive period, or when the weather is most likely to be wet, windy, and dark. Summer sales tend to drop as well, for similar reasons – people are planning family holidays, kids are off school and under their feet, and nobody wants to lug furniture and boxes around in sweltering summer heat. The market tends to pick up again in autumn, with cooler weather and life getting back to its customary cycle of work and school, people are more likely to focus on new house purchases.
While March might be the most popular month for selling a property overall, there are differences between the various regions. Up in the North East, for instance, more sales take place in October, while house sales are more prevalent in January in the North West. We assist with removals in Leicester, so it’s no surprise to us that the best time to sell a property in the East Midlands is right in the middle of summer – specifically July.
Certain properties at certain times
The sort of property you’re selling can determine the best time to sell, too. Bungalows tend to sell better during the summer months, while single bedroom flats and smaller terraced houses peak in September or at the very start of the year. Larger properties (3-4 bedrooms or more) sell all year round, but typically outside of the school holidays, which makes sense, as it’s easier to make the move when your kids are occupied in school for the day.
Whenever you decide to sell your house, if you need reliable removals in Leicester, get in touch with Stokes Removals and Storage today. Call us on 0116 239 3000 to discuss your requirements and to get a free, no-obligation quote for our services.