Worst Month To Sell A House UK & Best Time To Sell A House UK

Worst Month To Sell A House UK & Best Time To Sell A House UK

Worst Month To Sell A House UK

The worst month to sell a house in the UK is generally considered to be November and December. This is primarily due to the holiday season when many people are focused on other things, and the weather can also be a deterrent for potential buyers.

 Additionally, the end of December and January are often seen as unfavorable times to sell a house in the UK due to the festive season and poor weather conditions

The main issue with November is that it’s late in the year and potential buyers may be less inclined to make a move as the holiday season approaches

Mid-November sees an average of 79 days to sell and is considered the worst month to sell a house in the UK. The main issue is the lack of competition coupled with the upcoming holidays and unpredictable weather, making September-November a tricky time to sell.

December is also seen as a poor month with people focused on holidays. March is favored as the best month with more properties coming to market and increased activity as the weather warms up.

It’s important to note that these are general trends and the actual best or worst time to sell can vary greatly depending on various factors such as the location, the type of property being sold, and the specific conditions of the property market at any given time.

Generally, while December is generally considered the worst month to sell a house in the UK, November is also seen as a challenging time to sell. Therefore, if you’re planning to sell your house, it might be best to avoid these months if possible.

When Is The Best Time Of Year To Sell A House UK

The best time to sell a house in the UK is generally considered to be spring, specifically from February to June, with March being the optimal month.  This is due to several reasons:

  • Improved Weather: The weather tends to improve after a cold and grey winter, and natural sunlight helps homes look their best. Trees begin to regain their leaves, and flowers and plants are in bloom, adding to the curb appeal and desirability of any outdoor space a property may have.
  • Increased Buyer Activity: Spring is a time when many potential buyers are actively looking for properties. After the winter holidays, buyers are ready to focus on their property search
  • Faster Sales: Analysis by The Advisory, based on data from Rightmove, suggests that houses put on the market in March took the fewest days to sell

Note that it’s important to note that while spring is generally considered the best time to sell, the actual best time can vary depending on various factors such as the location, the type of property being sold, and the specific conditions of the property market at any given time

For instance, the UK residential property market fluctuates seasonally and across years, influenced by a variety of economic and life stage factors. Understanding when demand is highest versus supply in your local area provides valuable insight on listing at the most advantageous times.

Moreover, the state of the UK economy significantly impacts the housing market. When the economy is strong, characterised by low unemployment, high GDP growth, and low-interest rates, demand for property tends to rise.

While spring, particularly March, is generally considered the best time to sell a house in the UK, it’s important to consider various factors such as the local market conditions, the state of the economy, and the type of property being sold.

What Month Do Most Houses Go On The Market UK?

Spring and early summer are best. Avoid winter and late autumn if possible. March and April tend to see the highest sales volumes and fastest selling times.

Here are some key points on when the best time of year to sell a house in the UK is:

  • Spring (March-May) is widely considered the optimal time to sell. More properties come to market as the weather improves and buyers are more active. March sees the most buyer demand.
  • Late summer (August-September) can also be good as buyers want to move before kids start school. However, many families are away on summer holidays in August.
  • Autumn (September-November) brings unpredictable weather and fewer buyers, making it a more challenging time. Mid-November in particular sees homes taking the longest to sell.
  • Winter (December-February) tends to be slow, especially December as buyers are distracted with holidays.
  • January can be a surprisingly good month to sell some property types like flats, as first-time buyers have renewed demand post-holidays.

 

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