Hunters - Wallasey

Hunters - Wallasey

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02/05/2023

At 55 days, the average time taken to sell a property (from listing to sold subject to contract) is nearly two weeks faster than the last so-called 'normal' market of 2019 (67 days).
Rightmove report the number of sales agreed in March 2023 is just 1% lower than in March 2019, while buyer demand is 8% stronger.
Smaller properties of two bedrooms or less are proving the most sought after at present. Sales agreed in this sector are up 4%, and demand is 11% higher than in 2019.
Besides Scotland, properties are currently selling more quickly than the national average in the North East, West Midlands, Yorkshire and the Humber, and the South West. Source: Dataloft, Rightmove, based on month of March

19/04/2023

Professionalism and knowledge top the reasons of why prospective vendors choose their agents, irrespective of age or how experienced a seller may be.
‘Confidence in an agent's ability to market my property', was the most cited reason for choosing an agent, followed by 'liked and trusted them'.
37% of vendors include 'pleased with their valuation', in their top 5 reasons. This was more prominent among younger and less experienced sellers.
With the market stabilising, appointing an agent who understands market conditions, and prices accordingly, is important to achieving sales success. Source: Dataloft, Property Academy Home Moving Trends Survey 2022

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