As both expert real estate agents and your Northern Beaches neighbours, Upstate is here to help you navigate the market. We know that selling your home is a big decision, and timing can make all the difference. So why is spring the best season to list your property? Let’s dive in.
Why Spring is the Perfect Time to Sell
Spring is the ideal season for the real estate market, bringing warmer weather, longer days, and motivated buyers. This increased activity enhances your chances of receiving competitive offers. Spring, with blooming gardens and ample natural light, beautifully showcases your property. The vibrant colours of blossoming flowers create an inviting atmosphere, while the increased daylight highlights your home’s best features. These natural elements not only enhance curb appeal but also create a warm, welcoming environment inside. Potential buyers are drawn to properties that feel bright and lively, making early spring the perfect time to attract interest and maximize your home’s market potential.
But doesn’t everyone list their property for sale in Spring?
At Upstate, we advise listing your property early in the season to fully benefit from the dynamic Northern Beaches market and engage with eager buyers for a successful sale. Listing your home before the October long weekend capitalizes on the peak interest while avoiding the crowded market later in the season. This strategic timing attracts a larger audience with less competition, increasing the likelihood of multiple offers and a higher selling price.
Spring 2024 Market Conditions: Trends and Predictions
As spring 2024 approaches, it’s essential to stay informed about market trends and predictions for the upcoming season. According to PropTrack economist Anne Flaherty, the market has experienced unseasonably strong winter momentum, leading to a bustling start to spring. “We are seeing one of the busiest starts to spring that we’ve seen in many years”.
Broadly speaking, the property market has recovered from the downturn in prices of 2022. Despite a series of interest rate hikes taking the cash rate to a decade high of 4.35 percent, property prices across the nation surprisingly went up in 2023. Economists attribute this resilience to strong housing demand fueled by population growth and a constrained housing supply, which largely cushioned the market from the effects of higher interest rates and poor housing affordability.
Without a clear indication of whether the cash rate has peaked or when it might come down, economists and experts are divided in their predictions for the property market in 2024 and beyond. Domain has predicted national house price rises of 5 to 7 percent in 2024, with the median house price in Sydney expected to increase by 7 to 9 percent. The low supply of properties continues to drive prices higher, underscoring the strong demand in the market.
Despite the challenges posed by persistently low consumer sentiment and high inflation, the outlook for the spring 2024 property market remains positive. Sellers can take advantage of the strong market conditions, with increased buyer activity and competitive offers expected throughout the season.
Upstate’s September Sell Out Campaign: Maximising Your Spring Sale
If you’ve been thinking about selling, there’s no better time than spring to get on board. Upstate is excited to announce our second annual September Sell Out auction event, following the success of last year’s campaign, we’re offering unparalleled opportunities for sellers to achieve outstanding results + some extra benefits and discounts to sign up for our dedicated auction event.
So what’s on offer? Why should I sell my property this September?
- Biggest Night for Property Sales: Our grand auction event on Thursday, September 19th, promises unmatched exposure for your property. With a room full of motivated buyers, competition is guaranteed to drive up the sale price.
- Exclusive Discounts: Enjoy discounted property photography, videos, signboards, and reduced auction fees, making it more affordable to showcase your property to a wide audience.
- Full-Service Support: Catalyst Finance services, in-house marketing support and expert styling advice, Upstate offers full-service support to ensure your property is presented in the best possible light.
- Unmatched Exposure: Coordinated online launches and cross-selling between our agents ensure your property reaches more potential buyers than ever before.
- Targeted Marketing: Our extensive marketing strategy includes e-newsletters to 200,000 buyers, SMS blasts to hot prospects, retargeting on social media channels, and traditional door-knocking and letterbox drops to drive local interest.
Upstate’s in-house auction room ensures that all buyers for numerous properties will be present, increasing the overall excitement and competition for your property. Our talented team of agents, spanning from Manly to Frenchs Forest to Palm Beach, has the expertise to sell any property on the Northern Beaches effectively.
By listing with Upstate this spring, you’re not just selling a property; you’re partnering with a team dedicated to getting you the best results. Take the time to prepare your home properly and leverage our September Sell Out campaign to maximize your chances of a successful sale.
To sign up, head to our website to download the September Sell Out Brochure, or click here to get in touch with one of our dedicated sales agents.
Or, if you’re still not quite there, and you’d like to start by doing some research about your property is likely to sell for, head here for a free Digital Appraisal Report.
Get ready to achieve outstanding results with Upstate this spring!
