Selling a property is a significant decision, and timing can play an important role in how quickly you find the right buyer. If you’re planning to sell your property in Perth, understanding the market trends and seasonal factors can give you a major advantage. In our latest article, we discuss the best time of the year to sell a property in Perth.
Spring: The Prime Selling Season
Spring is generally the best season to sell any property, and Perth is no exception. Between September and November, potential buyers are more active, driven by good weather and the ambition of moving in before the holiday period. Blossoming gardens create an exceptionally attractive display for homes. This increased demand from buyers often means owners receive more competitive offers.
Summer: A Mixed Bag
The summer months, especially December and January, may be quite slow for house sales in Perth. Due to the festive season and school holidays, many buyers get busy. But that also works to your advantage because any buyer seriously searching at this time of the year is well worth targeting.
Autumn: A Strong Contender
Autumn, from March to May, is also very popular for selling. The weather is still mild, and buyers who have missed out in spring are still keen to buy. Well-presented homes during autumn attract significant interest.
Winter: A Quieter Market
Usually, winter is the slowest period in real estate since most buyers prefer to avoid the house hunt during the colder and shorter days. Of course, good results when selling can be achieved in winter, too, if your property is cozy and well-maintained and meets the needs of a very specific audience.
Outside Factors to Consider
Market Conditions
Beyond the seasons, Perth’s real estate market conditions, such as interest rates, economic growth, and housing demand, can impact the timing of your sale. A strong market might be able to transcend seasonal considerations, but during a decline, careful planning will be necessary.
Personal Circumstances
Equally significant is your personal circumstances. Upgrading, downsizing, or relocation will affect when you list your property on the market.
Maximising Your Sale
Whatever the season, the key to success will always be one and the same: presentation, pricing, and marketing of your property. Partner with a local real estate agent to learn the best time to list in the Perth market.
Final Thoughts
Though generally spring is considered to be the best time to sell any property in Perth, it will come down to the market and your situation for the best time. You can sell any time of the year if you are well-planned and guided properly.