Why winter holds plenty of appeal for sellers this year

Why winter holds plenty of appeal for sellers this year

5 May 2015 By: Bruce Warburton 0 Comment

The first quarter results for Melbourne’s property market for 2015 have shown growth in median prices and strong results across the city.

A lot of people talk about spring as the peak selling period for Melbourne’s property market and while it’s true that the spring months traditionally see good auction volumes, there’s a lot to be said for getting ahead of the pack and listing your property in winter—especially this year.

3 reasons why this winter holds so much potential:

  1. Interest rates are still at record lows and confidence in the market is rock solid.
  2. Buyer demand is strong but there are fewer properties coming onto the market.
  3. Fewer properties means more competition among buyers. Competition is what drives clearance rates and prices upwards.

Across Melbourne, our offices are experiencing record numbers of buyers at open for inspections. We’re not seeing any signs of a seasonal slow-down in levels of buyer activity—if anything, buyers are getting more anxious about securing their next property. All these factors help put sellers in a strong position.

This winter is shaping up to be a promising selling season. Get your sales campaign off the ground before the cold weather hits by calling us for a no-obligation market appraisal of your property today.

Leave a comment