"It’s a great time for those looking to sell to make sure they are listed"
February is the best month to list your home for sale on average, with homes listed in the month typically getting a buyer the quickest, as well as being most likely to be marked as sold subject to contract.
New analysis just released by Rightmove also reveals that March is historically a strong month for sellers to get their home on the market.
The Rightmove analysis looked at millions of properties listed for sale since 2012 and the trends linked to the month they were listed, excluding 2020 because of the pandemic.
Homes listed in February have taken 51 days on average to find a buyer – just ahead of March’s 52 days. Also, an average of 66.4% of homes listed in February have gone on to find a buyer, which is the best chance of finding a buyer next to April, just beating second-placed March’s 66.3%.
Most likely to finalise a sale completion
Homes listed in February are also most likely to go on and finalise a sale completion, and the least likely to be withdrawn from the market by the owner.
With March also featuring very high in the rankings, the data shows that those preparing to sell at the start of spring are also putting themselves in a strong position to get moving this year.
This year so far, the number of buyers getting in touch with estate agents about homes for sale is 8% higher than last year, while the number of new properties being listed by sellers is 11% higher.
Tim Bannister, Rightmove’s property expert, said: “The best time to get moving is the time that’s right for you – we can’t always plan or predict when a life move is needed. However, for those who are able to be a bit more flexible about when they decide to sell, the data shows typically the start of the year has been particularly strong. It’s also when we’ve historically seen the most buyers sending enquiries to agents, so it’s a great time for those looking to sell to make sure they are listed, their marketing is strong and they’re pricing attractively enough against other sellers.”
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