Why Now Is A Great Time To Sell
If you have been thinking about selling your property, now might be the time. According to data from Rightmove, there was a record number of buyers enquiring about properties on the website this month. In fact, demand levels are 34% higher than this time last year when we were still experiencing a strong pre-lockdown market.
This rise in demand for properties comes from people searching for more space and a different lifestyle, and has outstripped the number of homes for sale by the biggest margin at any time over the past ten years. This thus makes the current time the best sellers market of the decade!
Rightmove's resident property data expert has pointed out that concerns for the property market have disappeared due to the tax deadline extensions and the government’s guarantee to enable lenders to return to the 5% deposit mortgages. This has resulted in a 40% increase in buyers looking for a property on Rightmove.
More great news for sellers is the fact that the national average asking price of a property coming to market has risen by 2.7% in the past twelve months, and while fewer properties have come on the market, the number of agreed sales for the first week of this month has been 12% higher than a year ago.
If you are thinking about selling your property, please get in touch with us for a free valuation and more information on our services. Our award winning team is available for viewings seven days a week, and we provide viewing feedback within 24 hours.
For more information contact us via:
01625 523 605