A sale leading into Christmas could see you pocket an extra $2,000 towards the Christmas wish list.
The estimates are based on a sale price of $750,000 and new data showing the extra percentage gain, or loss, buyers can expect to make based on selling at different times of year.
For Brisbane, seasonally higher or lower prices were observed in these months:
- October sales prices 0.52 per cent higher
- November sales prices 0.25 per cent higher
- June sales prices -0.54 per cent lower
PropTrack economist Paul Ryan told news.com.au this points to ongoing price growth in Brisbane as we see out the rest of the year.
“With the spring selling season underway and November approaching, it’s likely ongoing price growth combined with a seasonal boost will benefit many sellers over the next few months.”
Nationally, the trends are similar. Sale prices were 0.8 per cent higher in November and -0.9 per cent lower over the winter months of June and July.
Perhaps our milder winter has a milder effect on winter sale price drops.
With continued low levels of new stock hitting the market, sellers are seeing good demand and good sales outcomes.
Want to sell in the best time of year? Book a valuation or talk to us about selling.