Northampton surpasses London, real estate sales speed is the fastest in the UK

When it comes to real estate hotspots, most people's first reaction is the charming London. A recent study found that the shortest sales cycle for real estate in the UK is Northampton in East Midlands.


According to research by UK real estate website Zoopla, Northampton properties are sold on average 27 days after entering the market, 20 days faster than the UK average.

Zoopla spokesman Lawrence Hall said: "Whether you are a first-time home buyer or a second-hand home seller, it is unpredictable when there will be an offer from the first buyer."

"Across the UK, it takes 47 days from listing the property to the buyer and seller to finalize the price and enter the transaction process. Northampton homeowners can receive a buyer's offer in about 27 days.

In addition, the real estate market in Milton Keynes and Croydon in London is also very good, and buyers must be decisive. Real estate for sale in these two places is usually quoted 29 to 30 days after listing.

In Scotland, real estate sales are also fast in Edinburgh, and owners can get a quotation about 32 days after putting the property on the market. In Glasgow, the average period is extended to 33 days.

——The 10 cities with the shortest housing sales cycle in the UK——

Nationally, the average sales cycle for a property is 47 days. From a regional perspective, properties in southeast and east England are the most popular real estate market in the UK, with an average of 42 days to sell.

Caption: Bristol's average property sales cycle is 34 days

Caption: Edinburgh's average property sales cycle is 32 days

In Scotland, the average time to sell a property is about 46 days. Although the average house price in the Welsh region is only 180,000 pounds, the average sale time is longer, 66 days. Zh

——House sales cycle in various regions across the UK——

In London, Sutton, with an average house price of £ 430,000, has become the fastest-selling property in London, with an average of 28 days after entering the market. Havering & Bexley is second in London, with an average sales cycle of 29 days. Homes in Braking & Dagenham are slightly slower to sell, with an average of 35 days.

Lawrence Hall also states: "Regardless of where your property is, giving your home some care and trying to get help from a realtor who is more familiar with the local market is good for home sales.

For owners who want to sell their property quickly, there are steps you can take to speed up the process, including organizing clutter, keeping the outer space as clean as possible, storing large items, and more.

Created on:2022-10-31 16:46
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