I am often asked about when it is the best time to sell a home.
Most think it is spring.
And yes, it is slightly better but only marginally so.
As a summary across all capitals – 21% of sales take place in summer; 26% in autumn; 25% in winter and 27% in spring. New listings are sometimes higher in spring, than the other seasons, but not always.
Even in ‘holiday’ markets like the Gold or Sunshine Coasts there isn’t much difference between the seasons.
Bigger factors come into play.
Australian capitals
Housing sales distribution by season
Capital city | Summer | Autumn | Winter | Spring |
Sydney | 20% | 26% | 25% | 28% |
Melbourne | 21% | 26% | 26% | 27% |
Brisbane | 22% | 26% | 25% | 27% |
Adelaide | 24% | 26% | 26% | 24% |
Perth | 23% | 26% | 25% | 25% |
Canberra | 22% | 26% | 24% | 28% |
Darwin | 24% | 27% | 25% | 23% |
Hobart | 23% | 26% | 25% | 26% |
Average | 21% | 26% | 25% | 27% |
It does pay, however, to launch a new housing project in the first half of the year.