As for buyers, there are four months in a year might be good for buying properties.
- January
- July
- August
- December
Those months are relatively quiet period, which means there tends to be relatively less biddings. Of course, on the other hand, there might be less available homes, e.g., on December and January, available on the market.
As for sellers, the following information sheds some lights on how to make decisions:
- January: "In January, people tend to have a bit more motivation to buy," says Stephen Day, divisional director of residential sales at Lisney. "When it gets to the new year, all of a sudden they really want to commit." [1]
- February: There is a flux of properties into the market and then once you get to mid-February, there is a steady flow.
- April: The amount of exemptions banks could offer ran out as early as April in 2018. So selling early in the year when buyers may have access to bigger budgets can also shape the price you achieve.
- May: the stock level should be increasing till the end of the year
- November: great for sale, as people don't want to go for another year of the purchasing journey and want to focus.
Have you sold or bought a house/property in Ireland? What is your experience or feeling during the journey of selling/buying house/property?
Related articles:
1. What is the best month to sell your home to get the maximum price?
2. Irish real estate expert reveals when the best time to buy or sell will be in 2022