As property prices vary throughout the year
due to long New Year holidays and the time it takes the market to "recover" in January, there has been stagnation, and real estate transactions occur very rarely.The Russian buyers and real estate agencies go on vacation, and sellers are waiting, trying to grasp the financial trends of the come New Year.By the end of January, and the supply and demand start to grow and the end of February, usually, demand exceeds supply and property gradually rises in price.This process continues until about mid-April. Seasonal fluctuations in the real estate market due to the behavior of customers and directly related to the vacation period, prolonged holidays and "childish" factor.
After that potential buyers are distracted by the intention to buy a property - the children leave school, some of them are ready to go to college and parents did not before, but still the holiday season begins and cottages.The real estate market in the summer is characterized by an almost complete stagnation, which lasts until August.During this period, the proposal is generally greater than the demand, but the sellers, who previously panicked and began to cut prices, already know that it should not do.Indeed since the end of August and beginning of autumn begin to grow demand for apartments, and with it grow and prices.Their maximum values occur in late October - mid-November.Then again, the demand begins to fall and the end of December almost dies - potential buyers have learned that the New Year in a new apartment, they do not have time to enter and set it aside to purchase the following year. To determine the degree of liquidity of its property, spend analysis, examining the state of the market and the availability of similar objects.This analysis will help you to make and specialist agent.
How to profitably sell an apartment
If you decide to sell the property even if you urgently need money, try not to hurry up and wait for the very best deals.The answer to the question of whether to wait until the peak of the fall season, largely depends on what type of apartment you are selling.If it is a one- or two-bedroom apartment with an acceptable ratio of cost and consumer characteristics, you can sell it at any time of the year.It does not cover the seasonal factor and atypical apartments, which can be characterized as "an amateur."In the case where the price of an apartment is too high, you need to wait for the peak sales, then your expectations have a chance to justify himself.