Is March the best time to sell your house?

As winter gives way to spring, many people are gearing up for home-moving plans. The surge in property listings and home searches typically begins in spring, making it an opportune time for sellers. Over the past five years (excluding 2020 due to the pandemic), March has consistently emerged as the best month to sell a home, according to research from Rightmove.

March stands out as the prime time due to a culmination of factors. The number of buyers actively seeking homes on Rightmove peaks in March, outpacing other months. This heightened demand translates into increased competition among buyers, making it an advantageous time for sellers.

One key advantage in March is the increased number of homes available for buyers. Compared to the beginning of the year, March tends to see a higher number of properties listed for sale. This abundance of options gives buyers a broader selection to choose from, contributing to the overall competitiveness in the market.

Springtime also sparks the desire among home-hunters to settle into a new home before the onset of summer. Preferences lean towards features like gardens and outdoor spaces, driving the urgency for many buyers.

For potential sellers, this surge in demand and competition in March increases the likelihood of a quicker and more successful sale.

If you're considering selling or buying, it's essential to be well-prepared. Buyers can enhance their readiness by checking recent sold prices in their desired areas, setting up property alerts, and securing a Mortgage in Principle.

Sellers looking to buy a new property are advised to peruse the guide to selling for a smoother process. We recommend having your home on the market or sold subject to contract before embarking on a property search, as this reassures sellers that buyers already have sales agreements in place.

March emerges as the optimal time to sell, backed by increased buyer demand, a wider selection of properties, and heightened competition. Whether you're selling or buying, being well-prepared enhances your chances of success in the dynamic springtime market. Please call one of our branches if your ready to start your journey this springtime.