The best time of the year to sell a property in South Africa depends on various factors, like the reason for selling and market conditions.
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According to Dino Moulopoulos -Quay 1 Senior Broker, selling property is a personal decision, so the right time can be quite subjective based on individual reasons for selling.
In conclusion, the best time to sell can vary:
Winter: Less competition from other sellers can lead to more focused and serious buyers. This may suit sellers looking for serious buyers with less competition, which can help sellers hold their asking price more so than in summer when the market is more oversaturated with options for buyers to pick and choose from.
Summer: Increased buyer activity and potentially higher demand, but the market can become oversaturated with listings, making it harder for individual properties to stand out. It is ideal for reaching a broader audience, but be prepared for more competition in the market and potentially more negotiations on the asking price due to the many other options buyers may have in the summer season.
