Selling Your Orpington Property In Spring
Thu 29 Feb 2024
As the frost thaws and the first signs of green make their appearance, the allure of spring breathes new life into many aspects of our lives, not least the property market in Orpington. Historically, this season indications a period of vigorous activity in the housing market, making it a prime time for property owners contemplating putting their homes on the market for sale. In this article, we'll explore why spring stands out as an ideal season for selling your property and how Langford Rae Property Agents in Chelsfield can be your trusted partner in this process.
Excluding the anomaly of 2020, due to the Covid-19 pandemic, the past five years have witnessed a consistent pattern where spring outshines other seasons, accounting for 27% of home sales. This statistic alone underscores the unique appeal of spring to both sellers and buyers in the property market.
Why does spring attract such a flurry of activity? The answer lies in the natural rejuvenation that accompanies this season. As the landscape transforms, with flowers blooming, gardens reviving and hopefully the sun shining, properties inherently look their best. This aesthetic enhancement, combined with the longer daylight hours and generally milder weather, significantly increases property appeal. Moreover, buyer demand during this period is notably robust, currently standing at 7% higher than last year. Such dynamics create an opportune market for sellers, characterised by heightened interest and increased likelihood of favourable sales outcomes.
A standout feature of the spring market is the pace at which transactions occur. Properties listed in spring have been found to change hands in an average of just 51 days. This is a marked improvement over the winter average of 61 days, illustrating the efficiency and eagerness of the springtime buyer pool. This quicker turnaround not only benefits sellers looking to close deals promptly but also reflects the vibrancy and competitiveness of the market during these months.
Understanding these seasonal trends and market dynamics is crucial for sellers in Orpington. This is where Langford Rae Property Agents in Chelsfield come into the picture. With deep local knowledge and a comprehensive understanding of the current market conditions, our agents are perfectly positioned to guide you through the process of selling your property. From conducting a detailed market appraisal to strategising the best way to present and market your home, our expertise can prove invaluable. We’ve been helping people move in and out of Orpington from our office on Windsor Drive since 1986.
It is worth noting that the Spring budget is due to take place on 6th March and no doubt there will be mention of the housing market. We will make comment on the announcements in due course but advance of the budget information can be read here: https://commonslibrary.parliament.uk/research-briefings/cbp-9976/
At Langford Rae Property Agents, we don't just list your property and wait for the phone to ring; we actively work to ensure your property reaches the right audience. Utilising a mix of traditional and digital marketing strategies, we ensure your property stands out in a competitive landscape. Moreover, our Sales Progression team is adept at navigating the intricacies of property transactions, offering support and advice at every step to streamline the selling process.
Selling your property, particularly in a vibrant market like Orpington, involves making informed decisions and strategic planning. The spring season offers a unique window of opportunity to capitalise on the increased buyer interest and aesthetic appeal of your property. Engaging with Langford Rae Property Agents in Chelsfield allows you to leverage professional expertise and local market insights, ensuring your property not only attracts potential buyers but also secures a successful sale.
Source: #Dataloft, HMRC, Rightmove, spring defined as March, April, May