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What's the best time of year to find a new tenant?

What's the best time of year to find a new tenant?

 

It’s often been said that it’s best to have your property vacant in summer however our statistics over the last twelve months indicate otherwise.


Harcourts have analysed our letting numbers across all months and found it is actually a fairly balanced market;

Winter:

40 Properties in June 2018

32 Properties in July 2018

21 Properties in August 2018 


Autumn: 

37 Properties in March 2018

32 Properties in March 2019

27 Properties in April 2018

17 Properties in April 2019

27 Properties in May 2018


Summer:

20 Properties in December 2017

30 Properties in December 2018

43 Properties in January 2018

63 Properties in January 2019

39 Properties in February 2018

48 Properties in February 2019


Spring: 

28 Properties in September 2018

32 Properties in October 2018

31 Properties in November 2018

 

Sharing this data may help our owners at letting or lease renewal time when considering expiry/change over dates.