55 DAYS TO A FULL HOUSE

News at Ware & Co | 27/04/2023

 

  • At 55 days, the average time taken to sell a property (from listing to sold subject to contract) is nearly two weeks faster than the last so-called 'normal' market of 2019 (67 days).
  • Rightmove report the number of sales agreed in March 2023 is just 1% lower than in March 2019, while buyer demand is 8% stronger.
  • Smaller properties of two bedrooms or less are proving the most sought after at present. Sales agreed in this sector are up 4%, and demand is 11% higher than in 2019.
  • Besides Scotland, properties are currently selling more quickly than the national average in the North East, West Midlands, Yorkshire and the Humber, and the South West.
Source: Dataloft, Rightmove, based on month of March

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