Being in the middle of an election campaign at the end of a year is very unusual and it is certainly making prospective sellers think twice about selling. Activity levels are reducing which is quite normal for this time of year. That said we still registered 108 new potential buyers, arranged 195 viewings and received 29 new offers.
However, two things stand out at the moment. On average it takes around 10 viewings to generate an offer. Last week it took 6 viewings to receive an offer which indicates that anyone viewing this month is motivated and determined to find a new home this year. Secondly, there have been many examples of properties coming to the market place this month and selling within days. We have sold, subject to contract, 14 properties that came to the market this month and sales have already been agreed. Pictured is this property in Sutton Coldfield https://bit.ly/2KEGo2N that sold, subject to contract, within 20 days and this property in Tamworth https://bit.ly/2O5nIv0 that sold, subject to contract, within 7 days.
If you take the above in to account now could be a good time to market your home. Thinking of selling? Call our Customer Care teal on 0121 296 1400 for more information and remember even if you do sell, subject to contract, this year you won’t have to move until 2020.