Securing a buyer before Christmas
- For buyers in the market now, the ‘move in for Christmas’ date is fast approaching.
- Properties are selling quicker than pre-pandemic, with an average of 55 days to secure a buyer, down from 62 in July 2019.
- However, the time taken to complete a sale has risen. In 2019 a survey of home movers found 55% sales completed within three months, this fell to 28% in 2022. Early indications from the 2023 survey suggest the proportion has remained similar to 2022.
- However, with four out of five sellers thinking it should take less than three months there is still a mismatch in expectations. Source: #Dataloft, Rightmove (https://www.rightmove.co.uk/), Property Academy Survey.
Securing a buyer before Christmas is something that crops up every year. Jukes Estates Harlow come across this conundrum annually!
As Estate Agents for CM17, CM18, CM19, & CM20. Jukes know only too well that as soon as the school summer holidays are over, the questions will start!
“As soon as the kids go back to school, valuation requests like “can you value my Harlow house” “can you sell my Harlow property” are always followed by “so we can be in by Christmas”,” comments co owner Lee Venables.
Securing a buyer before Christmas should be no problem (providing the marketing and price are correct).
There are 105 days to Christmas as we write this blog.
East of England selling time on average is currently 59 days! In Harlow it is 78 days!
Jukes Estate Agents average selling time in Harlow is 28 days!
Average sales time from ‘Sold Subject To Contract’ to Completion is 18 weeks.
Therefore, the horse may have bolted before the stable door was bolted as far as moving before Christmas is concerned.
In Conclusion..
Now is a great time for securing a buyer before Christmas.
Now is a great time to secure a buyer and get the sales progression moving along nicely with a view to move very early in 2024.
If you are looking to sell, exchange and complete BEFORE Christmas, then it’s possible providing that you..
Get all your ducks in a row
Speak to Jukes who will show you how it can still be done.
Why is Scotland selling so much faster?
Scotland sell so much faster because their whole structure of property sales is vastly superior to England’s.
Want to make our blood boil? Ask us and we will explain why theirs is SO much better!