October 21 latest time to sell before Xmas

Jessica Nangle

October 1, 2019

residential property transactions

Prospective homesellers will need to need to have their property on the market by Monday 21 October to sell their property before Christmas according to a study by estateagent4me.

Data from the estate agent comparison website offers insight into the time it takes to sell a residential property with those listed in the late autumn reportedly proving more difficult to sell.

The research shows that over the past four years homes listed in October have taken an average of 61 days to sell.

Homeowners who want a sale agreed before Christmas should therefore be looking to list their house for sale by 21 October at the latest.

On average since 2015, properties in the UK have stayed on the market for 51 to 70 days.

Paula Higgins, chief executive of HomeOwners Alliance, said: “If you’ve been waiting for certainty over Brexit before putting your home on the market to sell this year – unfortunately, time has run out. Deadline day for advertising your home if you want to sell before Christmas is 21 October.

“So it’s time to get a move on.”

The research also found that the new year remains the best time to list a property for a quick sale, with homes in January selling the fastest.

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