According to the portal's deep dive into property listings since 2012 (excluding the pandemic-ridden 2020), February emerges as the superstar month for listing your home. Why, you ask? Well, homes listed in February have a stellar track record of finding buyers faster than a speeding bullet – clocking in an average of just 51 days. March isn't far behind at 52 days, and January holds its own in the mix.
But it's not just about speed; it's about success. A whopping 66.4% of homes listed in February go on to seal the deal with a buyer, securing its spot as the prime opportunity, neck and neck with April and edging out March by a hair's breadth at 66.3%.
February listings also take the crown for being the most likely to finalize a sale and the least likely to be pulled off the market by the owner. March, standing tall in the rankings, tells us that those gearing up for a spring sale are setting themselves up for success in 2024.
And here's the exciting scoop for this year: Buyer interest is up by eight percent, and sellers are stepping up to the plate with an 11% increase in new property listings.
Tim Bannister, Rightmove's property maestro, wisely reminds us that the best time to move is when it feels right for you. However, if you have a bit of wiggle room, the data sings praises for kicking off the sales journey early in the year. It's historically the time when buyers flood agents with inquiries, making it a sweet spot for sellers.
Ready to dive into the property game? Rightmove shares some golden nuggets:
Here's to a smooth and successful selling season!
🏡💼 #PropertyInsights #HomeSellingTips #RealEstateWisdom