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24 Daphne Street, North Perth |
Against popular opinion, winter may be one of the best times in the year to sell your property, especially based on last year’s auction results.
According to RP Data, winter auction clearance rates across Australia’s capital cities were slightly higher in winter (67.9%) compared to other times of the year (66.6%).
Let’s take a look at 3 advantages to selling your property in winter:
- Fewer options on the market
We typically see the highest volume of sales in the warmer months with market activity reducing over winter. With fewer properties on the market, there is more chance for your property to stand out and attract the right buyer. - A warmer welcome
Winter brings out a certain kind of beauty in homes. With all the lights on and rooms nicely heated, your property will feel warm and inviting which may increase buyer interest, potentially maximising the sale price. - Motivated buyers
While it is true that there may be fewer buyers in the market during the colder months, the ones that are looking tend to be more motivated as they need to purchase a home as soon as possible.
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