We’re seeing record-high activity from buyers, as Rightmove reports a dramatic increase in property asking price, enquiries and sales agreed for January 2020.
March has historically been a favourable month for sellers, and with this great news on growing market confidence from buyers, we wanted to tell you what you could expect from a sale in spring.
Higher prices, less competition
From the surge of interest we’re seeing from buyers, you are all but guaranteed to receive concentrated interest from those serious to commit, with less competition from sellers who are slow to come onto the market.
Combine this with an average asking price increase of 4.1% – seen across the UK this year – and you’re looking at a quicker sale at greater value.
Better kerb appeal
It’s common practice for buyers to walk by and see a property ahead of a viewing, with 68% rating ‘kerb appeal’ as a top priority.
With lighter, longer nights, this puts sellers at a crucial advantage. You’ll find it easier to appeal to passers-by when the weather conditions and season are uplifting their spirits.
Lowest ‘days to sale’ average
The less time your property spends on the market, the higher your chances of selling at full asking price.
Properties put up for sale in March outperform every other month in the year by far, with an average of 57 days from first listed to Sold Subject to Contract.
To take full advantage of these favourable conditions and find out the value of your property – click below to schedule a no-obligations appraisal.