Number Of Homes Selling Within A Week Hits 10-Year High

Many sectors have emerged from lockdown in recent months with the housing market re-opening in May. Since then, the sector has rebounded spectacularly with news emerging that over 200,000 homes have secured a buyer since the start of July and more offers have been accepted in the last week than during any previous week in the last decade.

Since May, the UK Government have implemented several measures to stimulate the housing market including a temporary Stamp Duty holiday and a temporary Mortgage freeze for homeowners during the pandemic.

If you’re thinking about selling, there’s arguably never been a better time to put your house on the market.

Moving In The Right Direction

The number of homes selling within a week of coming to market is up 125% compared to the same period last year, and is the highest number recorded over the past ten years. Between 8th July and 31st August, 1 in 7 properties marked as “sale STC” by agents were brought to market a week earlier.

According to the statistics by Rightmove, owners of 3-bedroom semi-detached homes have the best chance of selling within a week.

If you’re looking to sell your home and downsize or upgrade, Taylors Estates team of experts are here to help you with all your independent saleslettings and property needs. Their simple and straightforward approach ensures they understand what your property needs are and how they can help you achieve them with their quality services.

If you would like to find out more about their fantastic services, get in touch with their friendly team today by calling 01772 881717 and they will be happy to help you with any enquiries and questions you have. 

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