There are definitely advantages to selling in warmer weather. We’ll fill you in below and also talk about what you can expect sales-wise in the other seasons.
The pros and cons of selling in each season
First, let’s discuss the other seasons and what you can expect if you decide to not sell your Inner West property in summer.
There’s usually less stock on the market in autumn, which equals better-than-average prices and clearance rates. The main downside to selling in autumn is the unpredictable weather. Your home is not going to look its best if the wind is blowing leaves off the trees and natural light can’t shine through.
If your Inner West property has a historic working fireplace or an outdoor fire pit, then winter might be the perfect season for you. Take advantage of the cold weather and highlight your home’s cosy atmosphere. However, if your home is dark or lacks natural light, winter is probably not the best time to sell.
As in autumn, there’s typically less stock on the property market in winter. But this can be advantageous, as highly motivated buyers may be willing to pay more for a quick sale.
Spring is traditionally known as Australia’s peak selling season. People come out of hibernation and are ready to be out and about attending open house inspections. Stock levels have been tight all year so many buyers are hoping for a more active market. If you have a coveted garden, spring is the best time to show it off to prospective buyers.
The downside to selling in spring is that an increase in stock on the property market gives buyers more options. This can make it harder for you to get your home to stand out to potential buyers. On the other hand, a rise in buyer competition can push selling prices up.
The advantages of summer property sales
Just as in spring, summer brings better weather. With ample natural sunlight and blooming gardens, many properties look more attractive in summer. Plus, for Inner West properties, being close to summer attractions like the Dawn Fraser Baths and sensational harbour views will only make your home more appealing to potential buyers.
Use the weather to your advantage and highlight your property’s best summer features. This can include a pool, water views or air conditioning. Most important, if your home is darker, summer is going to be the prime time to sell.
Another benefit of selling in summer is that over the holiday period, buyers have more time to research properties, especially if they missed out in spring. So while there might be less stock on the market in late December and early January, rest assured that homes still sell. Plus, buyers have more time to attend open house and private inspections. So take advantage of less stock on the market in late January and February and get your property quickly noticed by prospective buyers for a successful sale.
Staging your Inner West home for a summer sale
As for staging your home for a summer sale, we recommend running the air conditioner an hour or so before open house inspections on hot days, so prospective buyers feel comfortable as soon as they enter. You can also lean into Sydney’s coastal vibes with a neutral colour palette that features blue and green accents. In Sydney, the summer weather also equals peak auction season. We can discuss with you whether this is the best selling method for your Inner West property.
Can we help with your Inner West home summer sale?
Overall, sometimes life dictates when we sell, no matter the season. But summer property sales in Balmain and the Inner West definitely have advantages. So if you’re looking to sell soon, let the team at Belle Property Agents help.
Whether you’re ready to sell or need help to rent your investment property, we have the experience and local knowledge to make your property journey easier.
Looking for help selling your home or renting your investment property? Our team at Belle Property Balmain support homeowners across Balmain, Balmain East, Birchgrove, Rozelle and Lilyfield. Feel free to get in touch for a no-obligation discussion or property appraisal.