As your expert local estate agent, Quealy & Co in Sittingbourne bring you the latest property market trends to help you make an informed decision about selling your property.
The number of homes listed for sale is still 9% lower than this time last year according to latest research*. Low stock levels, combined with relatively high demand, create log-jams for would-be home movers.
Despite healthy levels of demand across most of the country, the average time to sell a home rose from 90 days to 115 during 2021, according to Zoopla. The slowdown is generally attributed to difficulty in completing chains.
Moving into rented accommodation is a tried and tested way for vendors to break the chain and improve their prospects of becoming the preferred buyer. However, the number of homes available to rent is down by 25% on last year.
If you are thinking of selling or letting your property in Sittingbourne, Sheerness, Minster, Faversham, Canterbury, Rainham, Gillingham, Chatham, Rochester or Maidstone then Quealy & Co is your trusted independent estate agent. We have been helping people move home throughout Kent for decades throughout many property market challenges.
Source: Dataloft, *TwentyCi
20 March 2022
1 in 5 homes snapped up in first week of marketing!
10 January 2022
10 FAQs when selling your home
16 May 2023