The leaves begin to change and the vibrant autumn colours appear, many people think that the property market starts to cool down. However, at Bennett Jones, we know that Autumn is actually one of the most active and successful times of the year for selling and letting homes.
Serious Buyers and Tenants
It is after the Summer lull and the kids are back to school that people think about moving, and they consider being in their new home before Christmas.
Autumn brings a distinct shift in the property market, characterised by a heightened sense of buyer motivation. As the laid-back summer days give way to the crispness of autumn, potential buyers often become more focused and determined. Having spent the summer evaluating the market and refining their preferences, many buyers enter the autumn market ready to make decisive offers.
Homes look their best
There’s something undeniably charming about homes in the autumn. Optimal autumnal weather makes showcasing your property a dream for agents. With stunning colours of the season complementing most interiors and exteriors, photographing and proactively marketing a client’s property is an absolute joy. The cozy interiors make properties feel inviting. This natural beauty can be a significant advantage when selling or letting your home, as it helps potential buyers and tenants envision themselves living in the space.
Less competition, more attention
While spring and summer are often seen as the peak times for the property market, they can also be crowded with listings. By contrast, autumn typically sees fewer properties on the market, which means your home has a better chance of standing out. With less competition, you’re more likely to attract serious offers from buyers and tenants who are keen to make a move.
House prices to remain steady
One of the standout advantages of selling your home during the autumn months is the stability of house prices. As predicted by Rightmove, average asking prices are expected to hold steady for the remainder of the year. Their latest forecast indicates a 1% increase in house prices by the year’s end, compared to the start of 2023. This equilibrium is particularly beneficial for sellers who are keen to ensure their home sells for a fair and realistic price, reflecting its true value.
Why Choose Bennett Jones This Autumn?
If you are considering selling or letting your home this autumn and would like more information on the local property market, our team is here to help. With extensive experience and local knowledge, we can provide the insights and support you need to navigate the market confidently. Embrace the opportunity this autumn offers and take the first step towards a successful sale or let. Contact us today to discuss how we can help you achieve your property goals.
