Why spring may be the perfect time to sell your Epsom home

Tue 27 Feb 2024

Spring time is often associated with new beginnings, fresh starts, and vibrant growth. But did you know it's also the prime season for selling homes? Over the past five years, excluding the anomaly of 2020 due to the pandemic, spring has consistently outshined other seasons in Epsom property market.

According to data from #Dataloft, HMRC, and Rightmove, a staggering 27% of home sales occurred during the spring months—March, April, and May. This makes spring the reigning champion among the four seasons when it comes to property transactions.

One might wonder: what makes spring so special? The answer lies in a combination of factors that align perfectly to create an ideal selling environment.

Firstly, there's the weather. As winter bids farewell and spring arrives, the landscape undergoes a remarkable transformation. Flowers bloom, trees regain their lush green foliage, and the sun graces us with its warm presence. This natural beauty not only makes properties more visually appealing but also uplifts the spirits of potential buyers as they tour homes.

Additionally, springtime brings with it a sense of optimism and rejuvenation. After months of cold weather and indoor confinement, people are eager to venture outside and explore new opportunities—including purchasing a new home. The renewed energy and enthusiasm that accompany the season often translate into heightened buyer activity.

But perhaps one of the most compelling reasons why spring reigns supreme in the real estate market is the speed at which properties sell during this time. According to the data, homes listed in spring found new owners in an average of just 51 days—a notable improvement compared to the 61-day winter average. This shorter time on the market means less waiting and uncertainty for sellers, allowing them to swiftly move on to their next chapter.

With buyer demand levels currently soaring 7% higher than the previous year, there's no better time than now to capitalize on the spring selling season. Whether you're looking to upgrade to a larger home, downsize to a cozy cottage, or embark on a new adventure altogether, the buoyant market conditions make it an opportune moment to list your property.

So, if you've been contemplating selling your Epsom home, don't wait any longer. Take advantage of the power of springtime's charm and take advantage of the favorable conditions in the housing market. With flowers blooming, the sun shining, and buyers eager to make a move, your perfect buyer could be just around the corner.

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