5 Reasons to Sell Before Spring is Over

Real Estate News

5 Reasons to Sell Before Spring is Over

It’s often said that spring is the busiest selling season for Melbourne’s property market. If you’re wondering whether the perennial popularity of spring sales is an old wives’ tale - or whether you should get your home listed ASAP - read C&G’s top 5 reasons to consider selling before spring is out.

1. Sell while demand is high

There’s a reason why spring is considered the best time to sell by many vendors – demand is high. With the school holidays, annual leave and Christmas dominating the summer months, securing a property often falls to the bottom of many buyer’s to-do lists. Choose to sell while demand is high and interest rates are ultra-low, and take advantage of having the most people through your inspections and the best competition at market.

2. Show off your assets

If you’ve got it, flaunt it. Bayside properties best express their potential lifestyle value during the months where their features have a purpose. Got a pool? Near the beach? Demand will be higher during the spring months when buyers can visualise their enviable lifestyle in your property. Sell the experience of summer nights spent on the sand or the deck. Now is a great time to show off your sun-ready abode!

3. Fuel the market

Melbourne’s robust start to the spring property season hasn’t gone unnoticed by buyers. With property supply falling lower than in spring 2015, the demand for available properties is reaching a fever pitch. The south-eastern suburbs of Melbourne dominated the first week of spring sales, enjoying an enthusiastic clearance rate of 84.6%. With less than 6 weeks before December’s slowdown begins, now is the time to act if you wish to sell your asset before the year is out.

4. In by Christmas

If you’re selling a vacant property, being able to offer buyers a swift sale and an ‘in by Christmas’ incentive could play to your advantage. Not only does a pre-Christmas settlement date mean ringing in a new year in a new home, it’s less stressful than navigating a move in the scorching summer heat.

5. Sun brings happiness

From a consumer behaviour point of view, moving out of winter and into sunnier weather makes for an optimistic buyer. Happy buyers are more likely to be decisive – and receptive to viewing the glory of your property in the warmth of spring sunlight. The prospect of enjoying a lengthy summer in a new property and reaping the rewards of a de-clutter also makes spring a favourable time to sell.

Deciding to sell before spring is out does require some work from willing vendors. While buyer demand may be high, so are expectations. Be sure to tidy up the garden, fix any maintenance issues and consider a lick of fresh paint. Choose a clean scent for open inspections, and consider treating your couches, bedrooms and kitchen to fresh summer accessories. Framing your house’s potential for a summer lifestyle will be sure to put a spring in your buyer’s step!

Whenever you decide to sell, Chisholm and Gamon are on hand to help you execute the process. We know the Bayside market intimately, and will work to navigate an outstanding sale in any season.