Want to sell by Christmas? Then you’d better get your home on the market by Tuesday
Thinking of selling up but don't want to be manically tidying the house for viewings and negotiating offers come the festive season? Then you'd better move fast....
October 13, 2017
Homeowners wanting to sell by Christmas will need to list their homes for sale by Tuesday 17th October, according to our analysis of data from our estate agent comparison tool EstateAgent4Me
Our analysis shows that residential property listed in the autumn prove far slower to shift. Homes listed in October have taken an average of 65 days to sell over the past two years. This means that homeowners who want a sale agreed this side of Christmas should be looking to list their house for sale by this Tuesday, October 17th.
On average over the past two years, properties in the UK have stayed on the market for anywhere between 51 and 70 days. The data shows that, despite the uncertainty caused by Brexit’s cloud of uncertainty, the average length of time to sell a property has remained relatively constant. The one factor which did provoke an increase in speed was the introduction of new stamp duty surcharges in Spring 2016, which prompted a flurry of fast deals in the months beforehand.
The new year remains the best time to list your property for a speedy sale, with homes listed in January selling the fastest and the speed of sale slowly increasing in the months thereafter.
Commenting on the data, Paula Higgins, Chief Executive of HomeOwners Alliance which runs the EstateAgent4Me website, said;
“Lots of homesellers set themselves a deadline of the end of the year to sort a sale. So if they want to settle into the festive season feeling relaxed, they need to put their properties on the market this week.
“Selling a home involves weighing up a lot of different factors and considerations. Sellers today can access a wealth of different information about their prospective agents, including how quickly they tend to sell a property.”