News
Time to move before Christmas...
- For buyers in the market now, the 'move in for Christmas' date is fast approaching.
- Properties are selling quicker than pre-pandemic, with an average of 55 days to secure a buyer, down from 62 in July 2019.
- However, the time taken to complete a sale has risen. In 2019 a survey of home movers found 55% sales completed within three months, this fell to 28% in 2022. Early indications from the 2023 survey suggest the proportion has remained similar to 2022.
- However, with four out of five sellers thinking it should take less than three months there is still a mismatch in expectations. Source: #Dataloft, Rightmove, Property Academy Survey
11.09.23
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