According to recent industry data, February is considered the best month to sell homes in the UK, Greycoat real estate agency comments. Homes listed in February are the quickest to find buyers and the most likely to sell and go to contract. According to the data, homes listed in February sell the fastest and typically take 51 days to find a buyer.
Homes listed in March and January are in a close second place and take 52 days to find buyers. The data also shows that 66.4% of homes listed in February eventually find buyers, which is the best of any month. Greycoat adds that March and April are tied in a close second place as 66.3% of homes listed in these months eventually sell.
Greycoat Real Estate notes that the beginning of the year is always a strong time to list homes. This is because buyers are preparing for the new year after the busyness of the holidays. The clear spring weather also makes it easier to view homes, particularly the outside. Many families who are moving also purchase homes in the spring to move in the summer and be ready for the kids’ new school schedule in the fall.
While the data on scheduling the listing of a home is clear, Greycoat Real Estate reminds sellers that every situation is unique. Home sellers should list their homes when they feel it is best for them. However, those with flexible schedules should list their homes at the beginning of the year, especially in February, for best results.