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, Property Academy Survey