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September: The best time to sell your home?
|September is the best time to sell your home, according to new research from one estate agency.|
Today’s other Buying and Selling news:
September is the best time to sell your home, according to new research from one estate agency. eMoov's study specifically highlights 2nd September as the best day to list your home on the market. Google search trends highlight from the start of November until the end of the year, traffic levels to property websites Rightmove and Zoopla can decline by as much as 30 per cent, notes eMoov. With the average selling time in the UK taking 65 days according to Rightmove, or 55 days on average with eMoov, listing at the start of September therefore gives you a two-month window in which to sell.
Indeed, the second half of the year is always a more popular time for house-hunters, as they return from summer holidays and turn their thoughts to finding a place to move to before the year is out.
"Our research found 12% of the nation believe Christmas aids a sale, as people are determined to be moved in time for Christmas and so the process is accelerated by more pro-active buyers," says the report.
"Another driving factor is children and more importantly their schooling. With many schools closing their doors for admission by the start of February, securing that all important property in the catchment area you are after early, vastly improves your chances of getting the school you want."
Founder and CEO of eMoov.co.uk, Russell Quirk, comments: "Listing your property for sale on the 2nd September is certainly going to aid the sale of your home. September is the second busiest month for buyer activity on Rightmove and Zoopla. Although January tops the table in terms of traffic levels, it’s also one of the peak months for those listing their property so competition is fierce. Those looking to sell, are for the large part, in no real rush as they have the whole year in which to do so and aren’t bound by time lines such as school deadlines. Add to this the British weather in January and it can make for a dreary time to show buyers your home. "
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