Deciding when to sell your home can seem like a gamble with timing, but what if selling during winter could actually be the most beneficial? As winter approaches, we find many sellers wonder if they should just wait for spring. However, there’s a number of reasons why listing your home in winter could work in your favour.
It won’t come as a surprise that right now in Perth, the housing market is very tight. With the supply of homes at one of the lowest levels we’ve seen in a long time paired with strong buyer demand, it’s a great time to be a seller. When we look back historically at property sales in winter, the data might show a dip in sales activity, but with such low stock available at the moment, properties listed in winter are still likely to attract attention. Plus, we don’t have a crystal ball so who knows how the market will shift by the end of the year - grabbing the opportunity now while it’s a seller’s market is a smart move.
Perth experiences a relatively mild winter compared to many other regions, with plenty of sunny days that allow your home and garden to look their best. This type of weather means that buyers are still active during the colder months, viewing properties and making decisions without the deterrent of harsh weather. This is particularly relevant at the moment - buyers are hungry, so a little cold weather isn’t going to deter them.
As well as less competition, winter sales benefit from serious buyers who are motivated to move quickly. Events like the end of the financial year can prompt buyers to secure a new home for tax purposes, adding an extra layer of urgency that can play to a seller's advantage.
It's a common belief that spring is the best time to sell, however, in reality, the best time to sell is when competition is low. During winter, with fewer homes listed, your property gets more visibility and stands out more to potential buyers. This means your home can capture more interest and potentially achieve better offers, as buyers have fewer options to choose from.
Choosing to list your home during winter allows plenty of time for preparation. This is the perfect time for finding the right real estate agent, preparing your property, and planning your marketing strategy. Winter gives you a perfect timeline to manage these tasks without rushing, ensuring your home is presented at its best.
While preparing your home in winter might seem daunting, the potential benefits—like a quicker sale and less competition—make it worthwhile. This proactive approach not only increases your chances of attracting serious buyers quickly but also positions you for potentially better selling prices.
Winter in Perth isn't just a time to cosy up indoors; it can also be the perfect season to sell your home. With the right agent, strategy and preparation, selling your home in winter might just be the smartest decision you could make this year. However, the best time to sell is ultimately when you feel ready. While there are numerous benefits to selling in winter, it's important to wait if you're not yet prepared. If you're considering selling this winter, get in touch with DUET to discuss with one of our Property Consultants.