UK Locations Where Properties Are Selling The Quickest
It’s been a busy year so far throughout the property market and it looks like it’s going to continue as we head into the final few months of 2022!
Dartford in Kent has become one of the fastest selling areas throughout the UK.
It is reported that the average house price throughout the town is thought to be £344,500. Meanwhile the fastest selling price range for properties seems to be between £250,000 to £300,000.
The average length of time a property is up on the market in the Dartford area is around 14 days.
There’s been a significant improvement in both the popularity of properties in the Redditch area and how quick they are taken off the market.
In 2021 the average time a property would be on the market for was approximately 27 days, with this reducing considerably, now averaging at just 14 days in 2022.
Gloucester, South West
Similarly to Redditch, the property market in Gloucester has seen an impressive improvement in popularity so far this year, with the average property listing time being at just 14 days.
Elsewhere, these are some of the fastest selling locations in the UK:
Wigan, Greater Manchester = average of 15 days on the market before sale agreed
Stoke-on-Trent = average 15 days on the market before sale agreed
Knowsley, North West = average 16 days on the market before sale agreed
Neath Port Talbot, Wales = average 16 days on the market before sale agreed
Liverpool, Merseyside = average 17 days on the market before sale agreed
Exeter, South West = average 17 days on the market before sale agreed
York = average 17 days on the market before sale agreed
Areas that have seen the most improvement in property sales time in 2022:
Lancaster = If you’re looking to sell your home in the Lancaster area, you’ll be glad to hear that this has improved a lot over the past year.
It’s been reported that in 2021 the average property listing time was approximately 43 days. Fast forward to this year and the listing time has been reduced significantly by 12 days, resulting in an average time of 31 days on the market.
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Content correct at time of publication.