Autumn has long been one of the busiest seasons in the property market, and this year is no different. With the number of homes for sale 12% higher than last year, it’s currently a buyer’s market, offering excellent opportunities for those looking to invest in property. Here’s why now is the ideal time for property buyers and how sellers can still stay competitive:
More Choice, More Competition
With a significant increase in the number of homes on the market, buyers now have more options to choose from. Whether you’re looking for a family home, a seaside retreat, or a buy-to-let investment, the variety is bigger than ever. But for sellers, this also means pricing competitively is crucial to attract attention and secure offers. Overpricing could push potential buyers toward similar, lower-priced properties.
Autumn Property Trends in 2024
This time of year is traditionally busy because homeowners looking to move often want to settle into a new property before the winter holidays. As a result, there are fresh listings hitting the market, and many sellers are more motivated to close deals. Buyers can take advantage of this to negotiate better terms or secure price reductions.
Negotiation Power in a Buyer’s Market
With an oversupply of homes, buyers hold more leverage when it comes to negotiating the price or other terms of the sale. For buyers, this means not only a better chance to find a home that meets all your needs, but also the opportunity to negotiate and get a great deal in the process.
Why Buying Property in Sussex Makes Sense Now
If you’re in the Sussex area, now is the time to explore the market. From family homes in Worthing to coastal properties in Lancing, there are fantastic opportunities available this autumn. For sellers, our team can help you understand local market conditions, ensure your home is priced right, and showcase its best features to stand out in this competitive landscape.
Ready to Make Your Move?
Whether you’re looking to buy or sell this season, our experienced agents are here to guide you through the process, ensuring you get the best possible outcome. Reach out to us today to learn how we can help you take advantage of this prime market.
