Home owners in South Africa who are looking to sell should think about doing so soon, according to local estate agency Leadhome.
Based on data it has collected, Leadhome claims that a property listed on the market in November sells after an average to 58 days. This is compared to January at 78 days, and the industry average of 99 days.
These numbers are important as some homeowners try to wait for the holiday season to pass before selling their homes.
“There was a noticeable difference between the volume of property searches on our website in November 2018 when compared to January 2019. We noted that there was 13% more traffic in November, which means buyers are considering homes already listed rather than waiting for new stock in January. This valuable insight tells us that waiting will only leave you wanting,” says Lloyd Hobson, Leadhome head of sales.
With November and January covered, what about December? Leadhome states that early December is another great time to sell, as is the period between 24th December and mid January, which is a peak.
“As the year winds down and holidays take effect, buyers search for properties, which they want to view before they leave or return from holiday, so make sure your home is there for them to consider,” Adds Hobson.
Leadhome has also compiled Google search behaviour data into the graph below to give you a better idea of when people are looking up listings. Click it to enlarge.[Image – Pixabay]