TIP OF THE DAY ...

TIP OF THE DAY ...

1 in 5 deals are snapped up in the first week on the market ...

  • Newly-marketed properties are being snapped up fast, with Rightmove reporting that 22% of deals are agreed within the first week of being listed.

  • This is more than double what was seen at the same time in 2019 and reflects the continued large disparity between supply and demand in the market.

  • Over 60% of agents in the latest Dataloft subscriber poll reported that properties were selling, on average, after 4 viewings or less.

  • With momentum in the market high, close to 2 in every 5 properties (39%) are selling at over the asking price (NAEA). Source: Dataloft Inform, Rightmove, NAEA

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