Midlands leads the way with fastest selling homes

Monday, 19 February 2018

If you’re thinking of selling your Midlands property, figures in the February edition of the Rightmove House Price Index will be music to your ears.

The new report from Rightmove reveals that seven of the top ten fastest selling property hotspots in the UK are in the Midlands. Some of Howkins & Harrison’s key regions appeared in the top ten, with houses in Rugby, Nuneaton and Wellingborough selling, on average, within 21 days of being listed. These areas were closely followed by Corby and Kettering, where houses took an average of 22 days to sell. Not bad when compared with a national average of 72 days!

There are many possible reasons for the speed at which sales are being achieved in these areas. It could be due to buyers being priced out of certain locations, leading to a “spillover” effect with them moving to other areas nearby. Another factor could be the relatively low level of new housing stock coming onto the market, meaning properties are more likely to be snapped up quickly when they become available.

As if that wasn’t enough good news for sellers, the report also states that demand for property remains resilient this year. January proved to be the busiest month ever for Rightmove, with 141 million visits to the site and users spending an astounding 1.1 billion minutes browsing properties. At Howkins & Harrison, we promote all our properties on Rightmove to make sure they reach the widest possible audience.

“The speed at which properties are being snapped up in some of our key regions is excellent news if you’re thinking of selling. With high demand for housing and a relatively low number of new properties becoming available, now is a fantastic time to put your Midlands property on the market.”

Martin Broadbent, Head of Residential Sales, Howkins & Harrison

Why not put Howkins & Harrison to the test and see if we can help you sell your house in record time? Our extensive local knowledge and expertise, coupled with the current housing market could prove to be a winning combination. Call us now for a free, no obligation valuation.

Rugby: email property@howkinsandharrison.co.uk or call 01788 564666

Northampton: email NorthProperty@howkinsandharrison.co.uk or call 01604 823456

Daventry: email DavProperty@howkinsandharrison.co.uk or call 01327 316880

Atherstone: email Atherstone@howkinsandharrison.co.uk or call 01827 718021

Towcester: email Towcester@howkinsandharrison.co.uk or call 01327 353575

Lutterworth: email LutterworthProperty@howkinsandharrison.co.uk or call 01455 559203