Is autumn really the best time to sell?

It is true that spring is traditionally a very busy time for in the real estate industry.

Predictably, after the drawn out gloom of winter we presume that there are plenty of buyers out there wanting to snap up a sunshine dappled home to call their own.

The reality is that spring doesn’t always produce fresh stock or enthusiastic homebuyers. We often see an oversupply of stock which is disappointing for the seller.

But not many people realize that you are actually more likely to sell your home in the autumn months.

It is important to remember that the real estate market is impacted by many influences – interest rates, supply and demand and the general state of the economy all come into play with the market.

Many agents find that they are more successful in converting a sale during autumn then they are in the spring months. And it may come down to the quality of the listing and not the quantity.

Think about it this way.

Many people take a long, extended break over the Christmas period. This is generally a time of personal reflection and goal setting for the coming year. A fresh mindset assists a buyer when it comes to taking the plunge.

It is also a time when a seller can take advantage of the warmer months and finalise some of their renovations and prepare their home for a sale.

An ideal time to list a home is in late summer ready for the autumn buyers, and before the Easter holiday breaks. When your home is prepped and your garden is still green from the warmer months, this is the optimal time to play on your asset and convert it into a sale.

And autumn is such a magical time in the Kyneton region. Think about the majestic oaks and their changing colour! Who hasn’t delighted in their beauty of Kyneton at this time of year.

So if you have found yourself dreaming about selling a new home over the holiday period, now is the time to act!

For more on how to prepare your home for sale in the Autumn months, head on over to jenniferpearce.com.au and I’ll give you some tips on how you can get the most out of your property.

Kyneton property market has bloomed in spring

If you were looking to buy property in Kyneton over winter, you will have noticed there has not been a lot of opportunity. However, spring is here, and has brought with it new property listings, and great opportunities to buy in the local area.

While there is always a demand for property in Kyneton, during June, July and August this year, buyers lacked choice as relatively few properties were placed on the market.

Spring has seen a revival in the local property market, with more properties being listed, providing many new opportunities for potential buyers.

With interest rates at an all-time low, first home-owners, and investors are in good positions to take advantage of the new properties on the market.

It is also a good time for local buyers who are looking at upsizing, or downsizing, but haven’t been able to find their ideal property and streetscape.

The properties in most demand at the moment are renovated or unrenovated early 1900s weatherboards, and Californian bungalow style homes within walking distance to the main streets and cafes.

The house pictured above is a 1890s period home in Mair street is a great example of the type of properties that are currently available. This particular home was put on the market in October 14th, and sold on October 17th.

If you have been looking for that ideal home in Kyneton but haven’t been able to find it, now may be the time to get back in touch with the local real estate agents to see what new properties have come on the market. You may be pleasantly surprised!

Jennifer Pearce – Raine & Horne

www.jenniferpearce.com.au

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