December Property Market
Should I take my house off the market during December?
Written by: Richard Antrobus Category: News, Selling November 26, 2019
As we approach December and the Christmas period, the question we find ourselves being asked is – should I keep my home on the market during December? Or am I missing a trick if I take it off the market until the New Year?
Research shows that if you haven’t sold your house by the end of October, you’re unlikely to find a buyer and be in before Christmas.
That might not have been your main concern. But now that the uncertainty in the housing market caused by Brexit has been multiplied by an impending general election, you’re probably wondering what to do next. Should you call it quits, take your house off the market in December and look to start marketing again in the Spring? Or sit it out?
We feel that Homeowners who decide to sell their properties but do nothing about it until January could be missing out; many people make moving one of their new year’s resolutions, especially if intending to change jobs early in 2020 so often start looking in December.
The Christmas holiday is also a time for visiting relatives and friends in unfamiliar places which gives an opportunity for prospective purchasers to check possible moves away from their present area. You may not want prospective purchasers viewing your property while finishing turkey leftovers but we are open every day except the public holidays if you’re up for it.
If you’re afraid prospective buyers will interrupt your Christmas? Then just let simply let us know the days and times when you don’t want viewings.
The message from us here at VitalSpace is – People are still buying and selling
Let’s look at some other reasons to keep your home on the market in December:
- Mortgages continue to be very affordable as interest rates stay low which is good for your prospective buyers
- There is a market! Yes it is suppressed – but demand still outstrips supply
- While we are seeing discounts on asking prices, this also means you should be able to negotiate a discount on your onward purchase
- There is a market! Yes it is suppressed – but demand still outstrips supply
And if you do take your home off the market…
If you have had your property on the market for a few months and decide to take it off the market over December, it maybe a good time to take stock and reflect on whether you’ve had the experience you had hoped from your current estate agent. If you are worried your house has been sitting on the market for months and haven’t had the guidance or feedback from your estate agent then you could try a fresh approach by contacting us.
Do you need help moving home?
Do you want an agent who will work with enthusiasm to find your next property
If so…
You need to talk to VitalSpace Estate Agents
Click the link below for a FREE no obligation appointment and one of our Directors will visit your property to see how we can help get you moving.
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