With January comes a renewed desire to get ahead in life. Whether this means trying to lose some holiday weight or simply being more positive, the New Year is a great time to start life afresh. For many people, this means finally getting on with selling the home. But like any of life’s biggest decisions, knowing when the best time to do something is often the key to success.
So, if you are looking to sell your house fast in Swansea, is January the best month to put your property on the market, or should you wait until later in the year?
Let’s look deeper into the local market and give you some pointers on when it is best to sell your Swansea home.
Is January a good time to sell your house?
If you’ve got the itch to sell up, January presents a prime opportunity for selling your home. Starting from Boxing Day, there is usually a noticeable increase in people browsing home portals like Rightmove and Zoopla, driven by aspirations for new beginnings in the new year.This surge in interest is particularly notable in January, with buyer enquiries more than doubling compared to December. For sellers looking to sell a house fast, listing your home at the start of January is crucial to take advantage of this peak in potential buyer attention.
What month do homes sell the fastest/slowest?
When it comes to selling your home, timing can be everything. Each season or period of the year influences buyer behaviour in different ways. Knowing these seasonal trends can significantly enhance your ability to sell your home effectively and efficiently.
Here’s a breakdown of what to expect from each season in the housing market, but remember, economic or political events can affect these general guidelines.
Spring: Spring is an ideal time for selling your home. It’s a period marked by an influx of listings, with potential buyers actively looking and not yet distracted by the summer holidays and the kids breaking up from school. The season’s sense of renewal often motivates people to relocate, aiming to settle into their new home during the sunny, generally more pleasant months.
Summer: While summer presents specific selling opportunities, it’s crucial to acknowledge the challenges of this season. Many families are either occupied with children on school break or are away on holidays. However, the upside is that some people take time off work, which could translate into more house viewings fitting into their leisure schedules.
Autumn: Like spring, autumn is traditionally a great time to sell. Try to get your property up and ready – clean, declutter, and stage it – before the summer ends. This way, you can get it on the market by late August, ready to woo those fresh September buyers!
Winter: Winter is busy with Christmas preparations, so after December 1st, you may see buyer activity slowing down. However, keep in mind it’s a busy time with buyers looking on property portals as they tend to be home and thinking about their move in the new year. Come January, though, the market usually picks up again, ready for that all-important leap back into Spring!
What is the quickest time for a house sale?
The time it takes to sell a house in England and Wales has experienced a shift over the past year. On average, the selling period has shortened by 44 days, with houses now taking around 250 days to sell, compared to the previous year’s average of 294 days.
This trend indicates a considerable increase in the selling time compared to 2017, where it typically took 9 to 10 months to finalise a property sale.
Focusing on Swansea, there have been notable changes in the time required to sell different property types in 2023 compared to 2022. Here is a quick overview of these variations:
- Detached Homes: The average selling time increased from 102 days in October 2022 to 123 days in October 2023, marking a 21% rise.
- Semi-detached Homes: The selling period extended from 74 days to 114 days, showing a 54% increase.
- Terraced Homes: The time on the market climbed from 69 days to 105 days, a 52% increase.
- Flats: Interestingly, the selling time for flats slightly decreased, from an average of 308 days to 292 days, a reduction of 5%.
- Overall Average: The average time to sell a property across all types rose from 140 days in October 2022 to 149 days in October 2023, an increase of 6%.
These figures highlight the evolving dynamics of the property market in Wales, with varying impacts on different types of properties.
How can I sell my house quickly?
Most people want a quick sale. However, selling your home is difficult, especially in challenging economic climates. Plus, in situations where your property is in less-than-ideal condition, or if you need help maintaining it, opting for a house sale through traditional methods like estate agents can take months or even years. That is why a cash-buying service like We Buy Any Home can be an effective and speedy solution. Our approach involves selling your property to us at a mutually agreed price.
Selling through a cash buying service significantly reduces the time and hassle compared to traditional methods. At We Buy Any Home, the UK’s largest quick house sale company, we boast broad experience in handling diverse property sales efficiently, even those with complex circumstances.
This service is tailored to meet specific timeframes, offering peace of mind and a stress-free process. The average property sale on the open market takes about 6 to 9 months, but we can dramatically reduce this time. As cash buyers, we have the necessary funds readily available, which bypasses the usual delays of mortgage approvals or property chain issues.
We Buy Any Home promises to purchase your house free of charge, with a no-obligation quote provided within 24 hours. Key features of our service include:
- Speedy transactions are completed in as little as seven working days.
- Competitive pricing is based on market value and property condition.
- Thanks to guaranteed cash sales, it eliminates risks like chain breaks or sale fall-throughs.
For those looking to sell their homes swiftly, opting for a cash-buying service like We Buy Any Home offers a fast, reliable, and hassle-free solution. Call us today!
