Selling a house in Ghana isn’t just about putting it up for sale. Timing matters. If you choose the right time, you’ll likely sell faster and at a much better price.
The property market in Ghana keeps changing. Prices go up and down depending on the economy, government policies, and how fast cities are growing. Knowing when to sell can help you make the most of your investment.
Let’s break it down.
Ghana’s Property Market
Even with a tough economy, Ghana’s property market is still active. Places like Accra and Kumasi are still busy. More people are moving to these cities, and many want to buy homes or start businesses.
That said, things like high inflation, rising building costs, and the rate of the cedi make homes more expensive. Because of this, some buyers can’t afford to buy now. Many are waiting or looking for cheaper options.
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When to Sell
Does the time of year matter? Yes, very much!
Some times of the year are better for selling than others. Certain months attract more buyers, especially those living abroad. Others are slower, which can delay your sale.
Best Months to Sell
December to January. This is the busiest season. Many Ghanaians living abroad come home for the holidays. Some want to buy land or a house while they’re here. December is also full of events and activities, which draw even more people into the country.
June to August. This is the second-best time. It’s the summer break for people in the U.S. and Europe. Diaspora Ghanaians often visit during this time, and many are looking to invest.
Slower months
February to May. Things tend to slow down after the holidays. People are getting back to work and saving money. There are fewer buyers around.
September to November. This time is a bit quiet, too. Some people start planning for Christmas, but most aren’t buying property yet. Still, it’s a good time to prepare your listing and get ahead before December.
How the Economy Plays a Big Role in Property Sales
The economy plays a big role in how quickly your property sells and at what price.
Inflation and Interest Rates. When prices go up and loans become expensive, fewer people can afford to buy homes. In late 2024, the average loan interest rate was around 30%. That’s high. It means people borrow less or wait until rates drop.
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Currency Value. The cedi rates at any time count. In December 2024, it was GHC15 to one U.S. dollar. For sellers, this can be a good thing if you’re targeting buyers from abroad. To them, homes in Ghana may now look more affordable.
Where You Sell Matters Too
Different cities have different price ranges. For instance, if you’re selling a three-bedroom house in 2025, here’s what you can expect:
Accra. Still the top spot. Areas like East Legon and Cantonments can fetch between $450,000 and $600,000—and even more.
Kumasi. Prices in places like Ahodwo and Asokwa cost more than $250,000.
Takoradi. Known for the oil and gas business, prices in places like Chapel Hill and Beach Road are between $120,000 and $180,000.
Tips if you plan to sell
Let’s see how to get the best out of your property sale:
- List your property during busy seasons. December to January and June to August are your best bets.
- Watch the economy. If inflation or interest rates drop, buyers will come back. That could be a good time to list.
- Know your market. Prices in Accra are different from prices in Kumasi or Takoradi. Set your price based on where your house is.
- Get help if you need it. A good real estate agent who knows your area can guide you, market your property, and help close the deal faster.
And… don’t forget the rains!
This piece would not be complete if we don’t remind you about the rains. When it comes to selling or buying property in Ghana, the rainy season plays a big role, and not always in a good way.
Rainfall patterns in the country can be irregular throughout the year, with rains pouring in many areas during otherwise dry periods. However, from May to July, heavy rains can cause flooding in many parts of the country.
Accra, in particular, is known for floods in places like Kaneshie, Odawna, Circle, Alajo, Teshie, and even parts of East Legon. In recent times, some parts of Oyarifa and Lakeside have experienced flooding. The roads get muddy, properties get damaged, and interest from buyers usually slows down.
Imagine inviting someone to come and view your house, and they show up in knee-deep water or struggle to access the area due to a blocked, muddy road. It’s not a good first impression. A serious buyer will postpone the entire purchase or back out after seeing watermarks on the walls during a property viewing in the rainy season.
Developers can attest that most of their site visits drop during the rainy months because people don’t want to buy a house they can’t reach in their cars. Now, even if the house is in great shape, the rain can kill the mood and the deal. So yes, the rain matters.
As a seller…
You can plan viewings during rainy seasons to prove to buyers that the properties are in a good environment. If the uncertainty of rainfall is a challenge to you and your clients, avoid the peak of the rainy season. Late August through November is often better. Remember to fix drainage and clean the property’s surroundings. Buyers will notice if water pools around the house, so take care of that in advance.
And most importantly, be transparent. If the area is flood-prone, be honest, but also show what you’ve done to manage it, like gutters, landscaping, and sandbags. Honesty builds trust. Also, use clear photos. Show off the house in dry-season shots to help buyers imagine what it looks like in better weather.
Tips for buyers
As a buyer, the best time to buy a property may be the rainy season.
Visit during or after a light rain if you can. You’ll see the circumstances of the property and roads when it’s wet. Check for water damage, like damp smells, cracks, and stains. These are signs of long-term moisture issues.
You can also ask neighbours. Residents will tell you the truth about flooding in the area. Sometimes, even agents won’t.
Bottom line
The rainy season in Ghana isn’t just about weather: it affects how people view, value, and decide on property. Whether you’re selling or buying, the timing can make a big difference. If you plan well, fix what needs fixing, and stay honest about the area, you can still close a great deal, even with clouds overhead.
Conclusion
There’s not just one perfect time to sell a house in Ghana. But some periods are better than others.
Keep an eye on the economy. Watch what’s happening in your city. And plan to sell during peak seasons when more buyers are active. That way, you’re more likely to sell quickly and at the right price.