Is Spring really the best time to sell your home?

I am often asked about when it is the best time to sell a home.  

Most think it is spring.

And yes, it is slightly better but only marginally so. Property Buy

As a summary across all capitals – 21% of sales take place in summer; 26% in autumn; 25% in winter and 27% in spring.

New listings are sometimes higher in spring, than the other seasons, but not always.

Even in ‘holiday’ markets like the Gold or Sunshine Coasts there isn’t much difference between the seasons.

Bigger factors come into play.

Australian capitals  – Housing sales distribution by season

Capital city Summer Autumn  Winter Spring
Sydney 20% 26% 25% 28%
Melbourne 21% 26% 26% 27%
Brisbane 22% 26% 25% 27%
Adelaide 24% 26% 26% 24%
Perth 23% 26% 25% 25%
Canberra 22% 26% 24% 28%
Darwin 24% 27% 25% 23%
Hobart 23% 26% 25% 26%
Average 21% 26% 25% 27%

Source: Price Finder, being average sales volumes over past five years by financial year. 

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About

Michael is director of independent property advisory Matusik Property Insights. He is independent, perceptive and to the point; has helped over 550 new residential developments come to fruition and writes his insightful Matusik Missive


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