Zoopla Unveils Britain’s Fastest & Slowest Property Markets: Find Out Where Yours Stands!

Zoopla’s latest analysis reveals the speed of home sales across Britain, highlighting Manchester and Waltham Forest as the fastest markets, with homes selling in just 19 days on average. Across the nation, the typical duration from listing to sale is 36 days, but this varies, with some locations seeing properties linger for up to 62 days. Surprising to many, over 52% of homes secure buyers within two months.

High prices do not deter buyers in Waltham Forest, where the average property costs £525,000. Its family-friendly environment, with reputable schools and ample green spaces, makes it appealing despite the cost. In Manchester, a bustling job market and vibrant culture attract not only first-time buyers but also those looking to invest in rental properties, with significant growth expected in the city center’s population.

Interestingly, homes in northern England are generally selling faster than those in the pricier south, with the North West and North East averaging just 32 days on the market. However, properties overpriced relative to their market take considerably longer to sell, emphasizing the importance of competitive pricing. As more flats flood the market, these have become slower to sell, underscoring the shifting landscape of buyer preferences. It’s essential for sellers to price wisely and heed local market dynamics to expedite their sales.