Selling in Winter is actually advantageous for vendors in two ways
There's a prevalent misconception in the property market that winter is not an ideal season for selling houses. The reality is quite the contrary, particularly for this year in the Gold Coast area. Let's delve deeper into why winter might be the perfect time to put your property on the market.
The winter season presents two distinct advantages for sellers.
First, traditionally fewer properties are listed in winter, courtesy of the myth that it's not a selling season. This scenario results in a restricted supply, consequently fuelling competitive bidding amongst potential buyers. Remember, the quest for a new home doesn't come to a halt with the drop in temperature!
Second, if you're planning to sell your current home and buy a new one, winter could be an opportune time. A sale in winter will place you in a prime position to purchase in spring, a season often abundant with new listings.
These benefits are a staple of every year, yet in 2023, they're even more pronounced due to the current property market scenario.
With the property stock already at a low, the competition amongst buyers intensifies, making winter 2023 a potential hot season for sellers in Gold Coast.
As we rebound from a year-long market adjustment, cities like Sydney, Melbourne, and Brisbane are spearheading the revival, with the Gold Coast not far behind. CoreLogic data exhibits consecutive months of growth in home values across these cities.
While the buyer demand is evidently rising, the stock levels are yet to catch up, crafting an opportune selling climate.
This shortage is quite pronounced in Gold Coast. The number of new listings on the market is significantly lower compared to last year, and this is observed across all major cities and regions in the country.
This low stock level is primarily due to the current stage of the market cycle. However, this situation might change rapidly.
Presently, many sellers are playing the waiting game. But, if winter selling yields the expected strong results, the ensuing spring could witness a surge of properties, shifting the supply/demand dynamics.
Therefore, winter presents a golden opportunity, especially in the Gold Coast suburbs where supply is notably limited.
Realestate.com.au's recent report indicates that the number of property listings is considerably lower than last year in many suburbs, while online buyer enquiries are on an upward trend.
In the context of the Gold Coast, areas like Jubilee Pocket, Maudsland, and Heathwood are witnessing this trend.
If you're considering selling your property this winter, get in touch with our local agents at Smyth RE. We can provide you with insights into the current supply and demand trends in your specific area.
To conclude, here are some tips to enhance your home's allure this winter:
- Make sure your windows are clean to allow maximum natural light.
- Create a cozy ambiance using candles and lamps in darker areas.
- Heat your home well ahead of an open house or auction.
- Clear gutters and pathways for easy drainage of rainwater.
- Embrace the winter season to sell your property, dispelling the myth and seizing the opportunity that this time of year brings to the Gold Coast property market.
How much is your property worth? Property Appraisal | Smyth RE
The winter season presents two distinct advantages for sellers.
First, traditionally fewer properties are listed in winter, courtesy of the myth that it's not a selling season. This scenario results in a restricted supply, consequently fuelling competitive bidding amongst potential buyers. Remember, the quest for a new home doesn't come to a halt with the drop in temperature!
Second, if you're planning to sell your current home and buy a new one, winter could be an opportune time. A sale in winter will place you in a prime position to purchase in spring, a season often abundant with new listings.
These benefits are a staple of every year, yet in 2023, they're even more pronounced due to the current property market scenario.
With the property stock already at a low, the competition amongst buyers intensifies, making winter 2023 a potential hot season for sellers in Gold Coast.
As we rebound from a year-long market adjustment, cities like Sydney, Melbourne, and Brisbane are spearheading the revival, with the Gold Coast not far behind. CoreLogic data exhibits consecutive months of growth in home values across these cities.
While the buyer demand is evidently rising, the stock levels are yet to catch up, crafting an opportune selling climate.
This shortage is quite pronounced in Gold Coast. The number of new listings on the market is significantly lower compared to last year, and this is observed across all major cities and regions in the country.
This low stock level is primarily due to the current stage of the market cycle. However, this situation might change rapidly.
Presently, many sellers are playing the waiting game. But, if winter selling yields the expected strong results, the ensuing spring could witness a surge of properties, shifting the supply/demand dynamics.
Therefore, winter presents a golden opportunity, especially in the Gold Coast suburbs where supply is notably limited.
Realestate.com.au's recent report indicates that the number of property listings is considerably lower than last year in many suburbs, while online buyer enquiries are on an upward trend.
In the context of the Gold Coast, areas like Jubilee Pocket, Maudsland, and Heathwood are witnessing this trend.
If you're considering selling your property this winter, get in touch with our local agents at Smyth RE. We can provide you with insights into the current supply and demand trends in your specific area.
To conclude, here are some tips to enhance your home's allure this winter:
- Make sure your windows are clean to allow maximum natural light.
- Create a cozy ambiance using candles and lamps in darker areas.
- Heat your home well ahead of an open house or auction.
- Clear gutters and pathways for easy drainage of rainwater.
- Embrace the winter season to sell your property, dispelling the myth and seizing the opportunity that this time of year brings to the Gold Coast property market.
How much is your property worth? Property Appraisal | Smyth RE
