Selling a house in Amsterdam: When is the right time to sell?

The housing market in Amsterdam is dynamic, and the right time to sell your house in Amsterdam can make a lot of difference. With high demand and rising prices, the city remains in demand. In this article, discover the best time to sell.

Selling a house in Amsterdam: what is the current state of the housing market?

Living in Amsterdam remains a dream for many. More and more people are coming to the city. The city continues to attract all kinds of people, from students and young professionals to expats. However, the housing market is still changing a lot. So when is it a good time to sell your house? Houses are especially sought-after in popular neighbourhoods such as the Jordaan, de Pijp and Oud-west, but sales in less popular areas are also brisk. Here are some factors to consider when selling a house in Amsterdam:

• Supply and demand: Demand for houses in Amsterdam remains high, but supply is limited. As a result, homes are selling fast.
• Price trend: Although prices have risen dramatically in recent years, a stabilisation is now visible. This may mean it is less attractive to wait for prices to rise.
• Growth in rental market: With rising house prices and strict mortgage rules, more and more people are choosing to rent instead of buying. This may start affecting the demand for owner-occupied houses. 

Buyers‘ vs sellers’ market in Amsterdam

The type of market you are in determines when it is beneficial to sell your house in Amsterdam. This affects how quickly your house will be sold and at what price.

• Seller's market: A seller's market means that demand exceeds supply. Buyers have to compete to get a property, leading to higher bids and quick sales. This is the ideal situation for sellers. 
• Buyer's market: Opposite to this is the buyer's market. In this situation, there is a lot of supply and less demand. Buyers have more time to decide and can negotiate the price. This is not a favourable market for sellers. 

Selling your house in Amsterdam now is favourable, Amsterdam is now in a seller's market. So your house is very likely to be sold faster for a good price. 

What are the best seasons to sell your house in Amsterdam?

The right time to sell your house in Amsterdam also depends on the season. Seasons play an important role in the speed and success of the sale. 

• Spring and summer: these are traditionally the best seasons to sell your house. Market conditions are often favourable and houses present themselves best when the garden is green and the sun is shining. Demand is high because many people move during these periods (e.g. families looking to move before the new school year). Also, the longer days make for more viewings and photos of your house looking better.
• Autumn and winter: Although sales numbers are lower during these seasons, this does not mean you cannot sell. Many people who move in autumn or winter are often serious buyers. If your property is presented well in winter (with a warm look, for example), it can still be attractive. In addition, competition and the number of houses for sale are often less, which can help sell faster. Just keep in mind that houses are often for sale longer in winter.

Price trends: Is your house worth more or less now? 

The value of your home is influenced by several factors, such as market trends, location and the condition of the property. When selling your house in Amsterdam is a smart move depends on these trends:

• Energy-efficient homes are more desirable: Houses with a good energy label (A or B) remain attractive to buyers. With rising energy costs, buyers want homes with low energy costs. If your home is well insulated or has solar panels, you may be able to command a higher price.
• Neighbourhoods on the rise: Neighbourhoods such as Amsterdam-Noord and parts of East and West have become more popular. If your home is in a sought-after neighbourhood, this could positively influence your selling price.
• Selling price at popular homes: Houses that are move-in ready remain in demand. People don't want to do any extra work when they move, so homes that are well-maintained and require little work sell faster.

Is this the right time to sell your house in Amsterdam? 

Want to sell your house in Amsterdam? Then this is a favourable time, as the market is in a seller's phase. This means homes are selling quickly and often at attractive prices. Still, it is smart to take into account seasonal sales opportunities and current price trends. But when to sell a house? That depends on your personal situation, the condition of your home and developments in the market. By choosing a good time to sell and presenting your house attractively, you increase the chances of a successful sale.

If you want more information about selling a house in Amsterdam, contact us soon!