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If you want to sell your home before Christmas, there is still time – just. Our latest research shows home-sellers need to have their property on the market by 20th October and follow our tips for a speedy sale.
Homeowners wanting to sell their home by Christmas will need to list their property for sale by Thursday 20 October. Analysis shown properties listed in October take an average of 64 days to sell. Prospective home-sellers will need to have their property on the market by Wednesday 20th October in order to sell their home before Christmas.
Data we have analysed shows that over the past six years, homes listed in October have taken an average of 64 days to sell. This means that homeowners who want a sale agreed this side of Christmas should be looking to list their house for sale by Wednesday 20 October at the latest.
On average since 2015, properties in the UK have stayed on the market for 58 to 73 days.
Despite the uncertainty caused by the pandemic, the data shows the average length of time to sell a property has remained relatively constant over the past 6 years.
Overall the speed of sale was slower last year because of the slowdown caused by the pandemic between April and July but the speed of sale accelerated towards the end of 2020 once the housing market reopened and the time-limited stamp duty holiday was introduced.
All is not lost! If you can’t quite get your house on the market this month, don’t worry. The New Year remains the best time to list your property for a speedy sale, with homes listed in January selling the fastest.
Source: hoa.org.uk
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